Claude Monet's Le Bassin aux Nympheas is among the works to be donated
Courtesy of MMCA
Around 23,000 works of art from the collection of the late Samsung Electronics chairman Lee Kun-hee are due to be donated to museums and institutions across South Korea to help pay a massive inheritance tax bill of 12 trillion won ($10.8bn).
In a deal agreed with Korean tax officials, works including
Le Bassin aux Nympheas by Claude Monet,
Les Amoureux aux Bouquets Rouges by Marc Chagall, and
Family of Marsupial Centaurs by Salvador Dalí, will be donated to the National Museum of Modern and Contemporary Art, according to the Korea Herald. The museum, which runs four sites across South Korea, plans to stage an exhibition entitled