Korean Air receives “Tower of High Tax Payments” as a model tax-paying company = South Korea

Korean Air, South Korea's largest airline, was recognized for its contributions to the national finances as a model tax-paying company at the 58th Taxpayer's Day commemorative event held in Seoul on the morning of the 4th.
``Tower'' award.'' The ``high tax payment tower'' is defined as the first time since 2004 that the annual amount paid in corporate taxes exceeded 100 billion won (approximately 11.3 billion yen), or the highest amount paid to date.
It is an honorable monument awarded in the name of the president to corporations that have increased their annual income by more than 100 billion won.
With this award, Korean Air will receive a corporate tax of 782.3 billion won (approximately 8.8 billion won) in 2022.
360 million yen) was recognized. Including local taxes, the total amount was 860.5 billion won (approximately 97.2 billion yen).
Korean Air continues to develop innovative cargo products amidst the COVID-19 virus pandemic crisis
We implemented a business concentration strategy and a strategy to respond to the recovery in passenger demand. As a result, sales in 2022 will be 13,412.7 billion won (approx. 1,515 billion yen) and operating income will be 2,8836 won (approx.
325.7 billion yen) and net income of 1,779.6 billion won (approximately 201 billion yen), setting the highest performance ever.