SiN #33 – $10.8 Billion

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.

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Shreesha S
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.
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