Inheritance

Samsung Group heiress and Hotel Shilla Chief Executive Lee Boo-jin sold 441.2 billion won ($325.9 million) worth of Samsung Electronics Co. shares i...

LG Electronics Inc. said on Thursday it is spinning off five promising in-house venture firms as separate entities to strengthen South Korea’s...

South Korea, which imposes some of the highest inheritance and gift taxes on businesspeople among the Organization for Economic Cooperation and Deve...

The heirs of late Samsung Group Chairman Lee Kun-hee are seeking to sell their shares in Samsung Electronics Co. and other Samsung affiliates worth ...

The South Korean government said on Monday it will launch a tender offer to sell off a 29.3% stake, valued at around 4.7 trillion won ($3.6 billion)...

South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...

Hyundai Motor Co., which has stunned the auto industry with its rebuilt 1974 Pony Coupe concept, has again enthralled car enthusiasts with its ...

South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, has been sued over the distribution of inherited wealth, including a s...

Nearly half of South Korea's economists want the inheritance tax abolished, according to a survey.The Korea Economic Association on Thursday release...

The wife and two daughters of Nexon’s late founder Kim Jung-ju have inherited all his shares in the game developer’s holding company NXC...

Samsung Group family is set to sell a 3.9% stake in Samsung SDS Co. worth 390 billion won ($319.5 million) through a block deal. The seller is one o...

The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...

The son of a South Korean manufacturing company's owner, with a Ph.D degree in engineering, has refused to take over his father's business and inste...

South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion w...

The Samsung Group heirs, including Samsung Electronics Co.'s de facto leader Jay Y. Lee, may be looking at a record-high $9.9 billion inheritance ...