Inheritance Tax
Unbiased History & Stories on Korea for Global Audience
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Wealth exodus risk grows
in News
A recent report by the Korea Chamber of Commerce and Industry (KCCI) has sounded the alarm over a growing outflow…
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Korea’s inheritance taxes get blame for world’s 4th-largest millionaire exodus
in NewsKorea has emerged as one of the countries experiencing the world’s largest outflow of wealthy individuals, in part due to…
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22nd National Assembly: Widening Ideological Gap Between Major Parties… Even “Hardline” Image Members are Moderate | 22대 국회, 더 벌어진 거대 양당 이념성향···이미지만 ‘강성’인 온건파도
Measurements of ideology scores based on the voting records of National Assembly members reveal that polarization is intensifying, with the…
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Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes
Late Samsung Group Chairman Lee Kun-hee’s wife Hong Ra-hee (from left) and two daughters Lee Boo-jin and Lee Seo-hyun The…
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Singapore’s family offices increasingly interested in investments in Korea
Luminas Financial CEO Sen Sui delivers a keynote speech at ASK Singapore 2025 on Oct. 27, 2025 in Singapore (Photo…
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Inheritance law- Current VS possibly new for 2028
Hello! I have a question regarding inheritance tax. It seems like in 2028, the inheritance tax is aimed to be…
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Korea’s Kospi hits historic high, with rally seen extending
The Kospi hits its historic high of 3,314.53 on September 10, 2025 South Korea’s benchmark stock index closed at a…
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S.Korea may turn to foreign bank to revive $3 billion Nexon stake sale
Nexon headquarters in Seongnam, South Korea South Korea is likely to tap a global investment bank to breathe new life…
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Nexon Games rally on Tencent’s attempt to buy Nexon
Dungeon & Fighter by Nexon Shares of Nexon Games Co., the game-developing studio under Nexon Co., surged on Friday morning…
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Geopolitics rewrite investment playbook – And that’s an opportunity: KKR
KKR is one of the leading global private equity firms In an era of escalating geopolitical uncertainty, the head of…
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Hanwha Aerospace slashes planned rights offering size to $1.6 billion
Hanwha Group’s headquarters Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the…
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Hanwha gears up for 3rd-generation leadership with chairman’s stake gift
Hanwha Group Chairman Kim Seung-youn South Korea’s chemical-to-defense conglomerate Hanwha Group Chairman Kim Seung-youn will hand over half of his…
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Small firms become prime targets of management disputes in Korea
(Courtesy of Getty Images) Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in…
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Hanmi Pharm’s chair poised to win management feud with her son
in NewsSong Young-sook (left), Hanmi Pharmaceutical Group chairman and Lim Ju Hyun, co-president of Hanmi Pharm (Courtesy of Yonhap) Hanmi Pharmaceutical…
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Opposition-controlled Korean parliament passes $470 bn slashed budget
in NewsOpposition-controlled Korean parliament passes $470 bn slashed 2025 budget South Korea’s opposition-controlled National Assembly on Tuesday passed a government budget…
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La Defense may have a say over Hanmi Pharm’s family feud
in NewsHanmi Science headquarters in Seoul (Courtesy of News1) La Defense Partners is expected to exercise a casting vote over the…
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Heavy inheritance, gift taxes spur rich Koreans to emigrate to Singapore
in NewsSingapore (File photo) A South Korean co-CEO of a blockchain investment firm with hundreds of millions of dollars in assets…
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7 in 10 middle-class Koreans struggle with inheritance tax
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South Korea Can Go Only So Far Copying Japan’s Market Reforms
A new index is part of South Korea’s ‘corporate value-up’ program. Photo: Ahn Young-joon/Associated Press South Korea is taking a…
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Korea’s Hanmi family feud to end as key shareholder mediates
Hanmi Pharmaceutical headquarters in Seoul (File photo) South Korean Hanmi Pharmaceutical Group’s founding family is set to conclude a feud…
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Block deals of Korean stocks surge ahead of tighter regulation
Financial Supervisory Service of Korea (Courtesy of Yonhap) Block trades of South Korean listed shares so far this year surged…
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Hanmi to fire founder’s wife, entering new round of family feud
Hanmi Chairwoman and Hanmi Science co-CEO Song Young-sook (Courtesy of Yonhap) South Korea’s Hanmi Pharmaceutical Group is set to enter…
