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 S
Shreesha is a Qualified Certified Management Accountant(CMA) and Certified in Strategy and Competitive Analysis(CSCA).