Samsung Family Faced with Massive Inheritance Tax Bill

Posted on 04/28/2021

Samsung’s ruling Lee family disclosed plans on how it will pay one of the world’s largest-ever inheritance tax bills (12.5 trillion KRW or US$ 10.8 billion in estate taxes). The family plans to sell rare Picasso and Monet paintings while kicking in its extra donations to South Korean society. This is occurring after the October […]

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