inheritance-tax
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GB NewsBritish Families Increase Pension Withdrawals Ahead of 2027 Inheritance Tax Reforms
Wealthy families in Britain are increasingly withdrawing pension savings to transfer to adult children amid upcoming inheritance tax reforms. Financial advisers note a surge in requests driven by the changes set for April 2027, which will subject unused pensions to inheritance ta…
morningstaronline.co.ukSamsung Family Completes Payment of Record 12 Trillion Won Inheritance Tax Bill
The family behind Samsung has finished paying a 12 trillion won inheritance tax, the largest in South Korea's history, tied to the estate of late chairman Lee Kun-hee. The payments were made in six installments over five years by Chairman Lee Jae-yong, Hong Ra-hee, Lee Boo-jin an…
Basile Morin / Wikimedia (CC BY-SA 4.0)Samsung Family Completes $8 Billion Inheritance Tax Payment in South Korea
The family of Samsung's late chairman has finished paying a 12 trillion won inheritance tax bill over five years. The payment, the largest in South Korea's history, stems from the estate of Lee Kun-hee, who died in 2020. Samsung confirmed the final installment on Sunday.