Tax office collected 195.7tr won in revenue in 2014

The headquarters building of Korea's National Tax Service

The National Tax Service (NTS) said Thursday that it collected 195.7 trillion won (US$179.8 billion) in revenue in 2014, up 5.5 trillion won from the year before.
In a policy report made to the National Assembly, the agency said despite the increase, it still collected 9.2 trillion won less than last year's annual budget.