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Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth of shares in Samsung affiliates to cover inheritance taxes, a regulatory filing showed on Sunday.Since the death of late Samsung Chairman Lee .

Samsung family to sell stakes worth W2 6tr to pay tax

Family members of Samsung Group, South Korea’s biggest conglomerate, are selling stakes worth some 2.57 trillion won ($1.97 billion) to pay their inheritance tax bill, according to a regulatory filing on Monday. Hong Ra-hee, the widow of the late former Samsung Group Chairman Lee Kun-hee, and her two daughters, Lee Boo-jin and Lee Seo-hyun, signed a trust contract with Hana Bank to dispose of stakes worth about.

Asia s Power Businesswomen 2023

Samsung family members selling W2 6 trillion worth of shares to cover inheritance taxes

Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth of shares in Samsung affiliates to cover inheritance taxes, a regulatory filing showed Sunday. Since the death of late Samsung Chairman Lee Kun-hee in October 2020, his family members have been paying inheritance taxes in installments for the assets inherited according to a five-year plan. The total inheritance ta.

From billionaire to Montenegro jail: The rapid rise and fall of Terra chief Do Kwon

From billionaire to Montenegro jail: The rapid rise and fall of Terra chief Do Kwon
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