South Korea to Allocate Chip Industry Tax Revenue to New Sovereign Wealth Fund in H2 2026, Raising Seed Capital to 30 Trillion Won

GateNews
According to Korean Economic Daily, South Korea will allocate a portion of excess tax revenue generated by the chip industry to a new sovereign wealth fund launching in the second half of 2026. The government is increasing the fund's seed capital to approximately 30 trillion won, up from the originally planned 20 trillion won, by adding cash contributions alongside existing state-owned enterprise equity holdings and stocks received for inheritance tax payments.
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