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Business leaders joined relatives to mourn the death of Cho Suck-rai, the honorary chairman of Hyosung Group, a textile giant, on Sunday. Cho died of a chronic illness Friday at the age of 89. Cho led the textile giant from 1982 until 2017, when he stepped down from the top management position due to health issues. His eldest son, Cho Hyun-joon took the baton to lead the conglomerate. On Saturday, Samsung Electronics. ....
Late Samsung Group Chairman Lee Kun-hee’s (1942-2020) love of animals is being rediscovered through his efforts to preserve Jindo dogs, an indigenous Korean breed, and transform the country’s pet culture. Samsung recently celebrated the ....
Photo : YONHAP News Anchor: The family of late Samsung Group Chairman Lee Kun-hee will pay more than 12 trillion won in inheritance tax and donate some one trillion won to combat infectious and rare diseases as well as childhood cancer. The heirs to South Korea s richest man will also donate artwork known as the Lee Kun-hee Collection to national museums. Our Bae Joo-yon has the details. Report: Late Samsung Group Chairman Lee Kun-hee’s family said Wednesday that they will pay more than 12 trillion won in inheritance tax in accordance with related laws. That’s more than half of Lee’s legacy, which is estimated at 20 trillion won, including stocks, real estate and art. ....
Late Samsung Chief's Family to Pay 12 Tril. Won Inheritance Tax, Donate Art Collection kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.
Inheritance tax to have limited impact on Samsung s structure Posted : 2021-04-21 17:04 Updated : 2021-04-21 20:11 The late Samsung Group Chairman Lee Kun-hee visits the 2010 Consumer Electronics Show in Las Vegas with his family. Courtesy of Samsung Group By Baek Byung-yeul Heirs of late Samsung Group Chairman Lee Kun-hee have until April 30 to pay an estimated 13 trillion won ($11.6 billion) in inheritance taxes and several scenarios involving the method of payment are considered possibilities by experts. Samsung Group is declining to offer any details on the matter, but it has been reported that the conglomerate could make an official announcement as soon as next week about the tax payment. Samsung is also likely to announce a charitable donation totaling trillions of won to commemorate the late chairman. ....