LG Group Chairman Koo Kwang-mo on Thursday lost a lawsuit he filed together with his family members to recoup part of the near 1 trillion won ($735.7 billion) in inheritance taxes imposed following the death of former Chairman Koo Bon-moon. After the former chairman's death in 2018, a combined 990 billion won in taxes were imposed on Koo Kwang-mo and other members of the owning family for their inheritance worth.
LG Group Chairman Koo Kwang-mo on Thursday lost a lawsuit he filed together with his family members to recover part of the nearly $735.7 billion (1 trillion won) in inheritance taxes imposed following the death of former Chairman Koo .
LG Group Chairman Koo Kwang-mo on Thursday lost a lawsuit he filed together with his family members to recoup part of the near 1 trillion won ($742.6 billion) in inheritance taxes imposed following the death of former Chairman Koo Bon-moon.
LG Group Chairman Koo Kwang-mo emphasized that providing life-changing experiences beyond customers expectations is the innovation that the conglomerate should pursue, the group said Wednesday.