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Samsung Heirs to Pay Record-high Inheritance Taxes, but How to Split Late Chief’s Stocks Still Uncertain

Samsung Heirs to Pay Record-high Inheritance Taxes, but How to Split Late Chief’s Stocks Still Uncertain

SEOUL, April 28 (Korea Bizwire) — Heirs of late Samsung Group chief Lee Kun-hee said Wednesday that they would pay more than 12 trillion won (US$10.7 billion) in inheritance taxes, the largest-ever in the country’s history, but did not reveal how they would split inherited stocks among them, a key issue in reshaping the ownership [...]