Samsung Heir's Inheritance Tax Reduced To 26 Trillion Won
Chairman Lee Jae-yong, Hong Ra-hee, and Lee Boo-jin and Lee Seo-hyun have completed a record $8 billion inheritance tax payment. This represents the largest such payment in history. Samsung has paid 12 trillion South Korean won in inheritance tax. The company's payment is among the highest in the world. Korean companies have previously resisted such payments, citing high inheritance tax rates. The payment was described as a reluctant one by sources. The specific amount of the tax bill was not disclosed in the report. The company had reportedly attempted to avoid the tax before proceeding with the payment. The company is currently managing the financial obligations following leadership transitions. Samsung's founding family heirs have paid an inheritance tax of approximately 11 trillion Korean won, which is equivalent to $8.1 billion USD.
Topics
Developing
- 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
“The Samsung family, including Chairman Lee Jae-yong, his mother Hong Ra-hee, and sisters Lee Boo-jin and Lee Seo-hyun, has completed payment o...”
“The family have just completed paying a massive inheritance tax bill of $12 trillion, the largest such payment in history.”
“inheritance tax bill of $12 trillion, the largest such payment in history.”
“inheritance tax bill of $12 trillion, the largest such payment in history. in South Korea for inheritance tax. I think it's 50%, which is the highest in the world”
“Samsung Completes $12T Inheritance Tax Payment”
“in South Korea for inheritance tax. I think it's 50%, which is the highest in the world, I think, or among the highest in the world.”
“Samsung Pays $12 Trillion Inheritance Tax”
“Samsung pays a massive inheritance tax bill to the South Korean government. It was a reluctant payment.”
“Samsung pays a massive inheritance tax bill to the South Korean government. It was a reluctant payment. It was something that they were trying to avoid.”
“Samsung pays a massive inheritance tax bill to the South Korean government. It was a reluctant payment.”
“Samsung heirs complete $8.1B inheritance tax, setting example”
“「もう遅すぎて、彼を追いかけるのに」 「彼はもう十分に近いから、今は」”
“Samsung Heirs Pay $8.1 Billion Inheritance Tax”
“遗产税的金额是根据集团已故前会长李健基在2020年离世后留下的资产计算,包括股票、物业以及大批高价艺术收藏品,估值相当于26万亿韩元。”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade