Samsung Owner Family to Finish Paying $7.95 Bil. Inheritance Tax

ddaily.co.kr

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[Digital Daily Reporter Yoo Chae-ri] The Samsung owner family will complete the payment procedures for the inheritance tax of approximately 12 trillion won imposed on the estate of the late former Chairman Lee Kun-hee this month. With the conclusion of the five-year installment payment period, the financial uncertainty that has been pressuring the Samsung family is expected to be resolved, and the "New Samsung" system, led by Samsung Electronic…

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Samsung Electronics Chairman Lee Jae-yong (005930) will finalize the payment of inheritance tax on the estate left by the late founder Lee Kun-hee this month. It is assessed that Chairman Lee has completely resolved the five-year burden of inheritance tax, thereby solidifying Samsung Group's governance structure and enabling a focus on future growth sectors such as semiconductors, artificial intelligence (AI), and biotechnology. According to the…

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Conclusion of the 5-Year Payment Period… Expected to Eas Financial Burden and Accelerate Future Businesses such as Semiconductors and AI. The Samsung owner family will finalize the payment of approximately 12 trillion won in inheritance tax this month on the estate inherited from the late Chairman Lee Kun-hee. Divided over five years