That is how much the family of Samsung Group’s former Chairman Lee Kun-hee has to pay as inheritance tax to the Government after his demise last October. The sum is almost half of Mr. Lee’s estate. At 50%, South Korea has one of the highest inheritance tax rate in the world.
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.Articles: 192