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How the Samsung Dynasty Will Pay an $11 Billion Inheritance Tax Bill

  • Lee family will settle levy in six installments from April
  • They will donate art pieces, 1 trillion won for social causes
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WATCH: Samsung Group’s billionaire heirs outlined a long-awaited plan to pay one of the largest inheritance-tax bills in history. Peter Pae reports.(Source: Bloomberg)
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Samsung Group’s billionaire heirs outlined a long-awaited plan to pay one of the largest inheritance-tax bills in history, a more than 12 trillion won ($11 billion) transfer of assets that will take place over several years.