S. Korea's tax revenue falls in January-March

SEOUL, May 9 (Xinhua) -- South Korea's tax revenue fell for the first three months of this year due to lower corporate earnings and household income, government data showed Thursday.

Tax revenue came in at 84.9 trillion won (62.1 billion U.S. dollars) in the January-March period, down 2.2 trillion won (1.6 billion dollars) compared to the same period of last year, according to the Ministry of Economy and Finance.