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
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)
Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here.
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.
