Tyrants World: Samsung's successor will pay 38.9 billion yuan estate tax

Just as the South Korean government is distressed by the tax shortfall, 17th, South Korea's largest corporate Samsung group news-to speed up the pace of succession, Samsung Electronics Vice President Lee set the next 5 years to pay 7 trillion won (about 38.9 billion yuan) estate tax scheme. It is also the largest estate tax in South Korea's history. According to South Korea's "East Asia daily" 17th, Samsung Group President Lee Kun-hee, his only son, Samsung Electronics Vice President Lee succession work is in intensive progress. Following the Samsung SDS, Samsung Group's first wool textile industry (original Samsung Treasure Park) will also be officially listed in the Korean stock market next month 18th. Samsung Group has set the next 5 years Lee vice president of the plan to pay estate tax, and the specific content of this program is causing high concern in South Korea. The relevant personnel said, is currently considering the President Lee Kun-hee in Samsung Electronics owned shares transferred to the Samsung Welfare Consortium or Samsung Cultural Consortium, so as to avoid one-time payment of estate tax. Lee Kun-hee, who is in bed and recuperation, has a stake in Samsung Electronics, Samsung Life, first wool textile, Samsung property, and Samsung SDS. Lee only need to inherit the core enterprise Samsung Electronics and Samsung shares of life, you can grasp the overall Samsung Group. At present, Lee Kun-hee owned Samsung Electronics and Samsung life of the total value of 11 trillion won. In accordance with the current law of succession in Korea and the actual tax rate of 65%, the future Lee in Rong to pay 7 trillion won estate tax. South Korean netizens are also talking about the Lee will pay a huge estate tax. Netizens ridicule Lee said, only estate tax on the payment of 7 trillion, is indeed rich ah. However, some people praised Lee this practice is the embodiment of corporate social responsibility: pay a large inheritance tax reflects the corporate social responsibility, to deal with this point praise.