Samsung family pays record W12tr tax, tightens grip on group

The owner family of Samsung Group has completed the payment of 12 trillion won ($8 billion) in inheritance taxes over five years, marking the largest such settlement in South Korea’s history while further tightening its control over the conglomerate. The family’s wealth has more than doubled amid an AI-driven semiconductor rally, allowing it to meet the tax burden without large-scale disposals of core holdings. The conglomerate confirmed the final payment Sunday, noting the sum is equivalent to

By The Korea Herald