Tech Mogul’s Estate Tax Payment Brings Windfall, but Falls Short of Plugging Revenue Gap

SEJONG, Sept. 12 (Korea Bizwire) – The family of the late Kim Jung-ju, founder of the gaming giant Nexon, has completed the payment of their inheritance tax, estimated at over 5 trillion won, drawing attention to its potential impact on South Korea’s tax revenue.  However, the actual cash contribution to the national coffers is expected to [...]