Samsung Wrestles With Death, Taxes and Dividends

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Heard on the Street: A record inheritance tax bill after the death of Samsung Chairman Lee Kun-hee could mean higher dividends are on the way

Samsung Chairman Lee Kun-hee left behind a world-class technology giant when he died Sunday. His family, however, may need to deal with something more mundane: a record tax bill.

Inheritance tax for the Lee family could amount to the equivalent of $9.3 billion, according to Citi. That doesn’t include Mr. Lee’s unlisted assets, so the figure could be even higher. The final amount will also depend on share-price movements of his holdings in the next two months.

 

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The inheritancetax is an abomination and should have been abolished decades ago!🙄🤦🏻👎😡

I hate people who expect to get handed money they didn't work for! Also, I'm excited about getting dividends!

لقد وضعت كوريا الجنوبية على قناة تلفزية إشهارا كرتونيا لطفل يصعد على سلم نحو السماء ويمد عصا طويلة ويحاول إسقاط النجمة ، كان ذالك عدائيا بالنسبة لي .

thanks

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