Samsung Electronics Stock Price Rise Increases Lee Kun-hee's Share Wealth to 22 Trillion Won... Inheritance Tax Expected to Reach 11 Trillion Won

[Asia Economy Reporter Oh Ju-yeon] As Samsung Electronics' stock price rises sharply, it is projected that the inheritance tax to be paid by Vice Chairman Lee Jae-yong and other members of the owner family will approach 11 trillion won.

On the 10th, according to the Korea CXO Research Institute, a corporate analysis specialist, the value of shares in major Samsung Group affiliates such as Samsung Electronics, Samsung Life Insurance, and Samsung C&T held by Chairman Lee Kun-hee was 22.1542 trillion won based on the closing price on the 9th.

Among these, Chairman Lee's Samsung Electronics shares amounted to 249,273,200 shares, valued at 18.4212 trillion won based on the closing price on the 9th (73,900 won per share).

Adding Samsung Life Insurance (3.0142 trillion won), Samsung C&T (675.5 billion won), Samsung Electronics preferred shares (41.4 billion won), and Samsung SDS (1.7 billion won), Chairman Lee's total share value exceeded 22 trillion won.

The inheritance tax on Chairman Lee's stock assets, which must be borne by Lee Jae-yong and other heirs, is calculated by applying the average market price over two months before and after the death. South Korea's highest inheritance tax rate is 50%, and a surcharge of 20% (for shares held over one year) is applied to the value of shares held by the largest shareholder, raising the effective top rate to 60%.

The CXO Research Institute explained that the average stock valuation from August 24 to the 9th of this month was 18.5757 trillion won, so the inheritance tax is estimated to be about 10.8 trillion won.

This content was produced with the assistance of AI translation services.