Business World

Samsung’s Lee family to pay more than $10.78 billion in inheritance taxes

The family of deceased Samsung Electronics chairman Lee Kun-hee will pay more than 12 trillion won (~ approximately $10.78 billion) in inheritance taxes for the estate of the late patriarch. Lee, who is credited with transforming Samsung into the world’s largest smartphone and memory chip maker, died on Oct. 25. His estate included shareholdings in […]