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Inheritance Tax

Unbiased History & Stories on Korea for Global Audience

Sponsored by Open Korea Foundation

  • Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

    Oct 31, 2025
    in Feeds, News
    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…

    Inheritance Tax, purpose, Samsung, Samsung Electronics
  • Singapore’s family offices increasingly interested in investments in Korea

    Oct 27, 2025
    in Feeds, News
    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…

    Affinity, Discussion, family, Inheritance Tax, Japan, Samsung, Samsung Electronics, Seoul, SK Hynix
  • Inheritance law- Current VS possibly new for 2028

    Sep 11, 2025
    in Community, Feeds

    Hello! I have a question regarding inheritance tax. It seems like in 2028, the inheritance tax is aimed to be…

    Inheritance Tax, New Law, Parents, Question
  • Korea’s Kospi hits historic high, with rally seen extending

    Sep 10, 2025
    in Feeds, News
    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…

    Inheritance Tax, Japan, Samsung, Samsung Electronics, Seoul, SK Hynix
  • S.Korea may turn to foreign bank to revive $3 billion Nexon stake sale

    Sep 9, 2025
    in Feeds, News
    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…

    fail, family, history, Inheritance Tax, mobile game, Seoul, Tokyo
  • Nexon Games rally on Tencent’s attempt to buy Nexon

    Jun 13, 2025
    in Feeds, News
    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…

    family, Inheritance Tax, K-pop, request, Tokyo
  • Geopolitics rewrite investment playbook – And that’s an opportunity: KKR

    Apr 10, 2025
    in Feeds, News
    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…

    Global Expansion, Inheritance Tax, Japan, LG, Politics
  • Hanwha Aerospace slashes planned rights offering size to $1.6 billion

    Apr 8, 2025
    in Feeds, News
    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…

    Controversy, family, Inheritance Tax
  • Hanwha gears up for 3rd-generation leadership with chairman’s stake gift

    Apr 1, 2025
    in Feeds, News
    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…

    family, Inheritance Tax
  • Small firms become prime targets of management disputes in Korea

    Feb 10, 2025
    in Feeds, News
    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…

    family, Hyundai, Inheritance Tax, KCC, Korea Zinc, LG, Samsung
  • Hanmi Pharm’s chair poised to win management feud with her son

    Dec 26, 2024
    in News
    Hanmi Pharm’s chair poised to win management feud with her son

    Song Young-sook (left), Hanmi Pharmaceutical Group chairman and Lim Ju Hyun, co-president of Hanmi Pharm (Courtesy of Yonhap) Hanmi Pharmaceutical…

    family, Inheritance Tax
  • Opposition-controlled Korean parliament passes $470 bn slashed budget

    Dec 10, 2024
    in News
    Opposition-controlled Korean parliament passes $470 bn slashed budget

    Opposition-controlled Korean parliament passes $470 bn slashed 2025 budget South Korea’s opposition-controlled National Assembly on Tuesday passed a government budget…

    Inheritance Tax
  • La Defense may have a say over Hanmi Pharm’s family feud

    Nov 26, 2024
    in News
    La Defense may have a say over Hanmi Pharm’s family feud

    Hanmi Science headquarters in Seoul (Courtesy of News1) La Defense Partners is expected to exercise a casting vote over the…

    BTS, family, Inheritance Tax, Seoul
  • Heavy inheritance, gift taxes spur rich Koreans to emigrate to Singapore

    Oct 22, 2024
    in News
    Heavy inheritance, gift taxes spur rich Koreans to emigrate to Singapore

    Singapore (File photo) A South Korean co-CEO of a blockchain investment firm with hundreds of millions of dollars in assets…

    family, Inheritance Tax, Justice, Koreans, Punishment, Seoul
  • 7 in 10 middle-class Koreans struggle with inheritance tax

    Oct 13, 2024
    in Community, Feeds
    7 in 10 middle-class Koreans struggle with inheritance tax

    submitted by /u/Venetian_Gothic [link] [comments]

    Inheritance Tax, Koreans, middle-class
  • South Korea Can Go Only So Far Copying Japan’s Market Reforms

    Sep 25, 2024
    in Feeds, News
    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…

    fail, family, Hyundai, Inheritance Tax, Japan, Korean Comapny, Samsung, Samsung Electronics
  • Korea’s Hanmi family feud to end as key shareholder mediates

    Jul 11, 2024
    in Feeds, News
    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…

    family, Inheritance Tax, Seoul
  • Block deals of Korean stocks surge ahead of tighter regulation

    May 20, 2024
    in Feeds, News
    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…

    BTS, family, Inheritance Tax, K-pop, Samsung, Samsung Electronics
  • Hanmi to fire founder’s wife, entering new round of family feud

    May 13, 2024
    in Feeds, News
    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…

    family, Inheritance Tax, KT, Peace, Seoul

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Latest Korean News

  • Korea Inc. braces for ‘new normal’ of weak won as majority sees 2026 FX above 1,400 wonNovember 19, 2025
    A currency exchange rate sign board in Seoul shows the… Read more: Korea Inc. braces for ‘new normal’ of weak won as majority sees 2026 FX above 1,400 won
  • South Korea, UAE to jointly pursue nuclear energy exports; Seoul to join Stargate UAE projectNovember 19, 2025
    South Korean President Lee Jae Myung (left) holds a summit… Read more: South Korea, UAE to jointly pursue nuclear energy exports; Seoul to join Stargate UAE project
  • Celltrion steps into weight-loss market with oral rival to Wegovy, MounjaroNovember 19, 2025
    (Courtesy of Celltrion) Celltrion Inc., the South Korean biosimilar giant… Read more: Celltrion steps into weight-loss market with oral rival to Wegovy, Mounjaro
  • Asia’s richest man Ambani to meet with Samsung’s Jay Y. Lee in Seoul for Indian businessNovember 19, 2025
    Mukesh Ambani (center) poses with his son in law, Anand… Read more: Asia’s richest man Ambani to meet with Samsung’s Jay Y. Lee in Seoul for Indian business
  • KPop Demon Hunters heat stays strong as Golden posts 4th straight week at No. 2 on Hot 100November 19, 2025
    A scene from KPop Demon Hunters The global momentum behind… Read more: KPop Demon Hunters heat stays strong as Golden posts 4th straight week at No. 2 on Hot 100

Latest Community Feeds

  • Kpop fans are a bunch of hypocrites when it comes to visualsNovember 19, 2025
  • A Korean Born in China, Living in the West—Still Feeling Like I Don’t Belong AnywhereNovember 19, 2025
  • Katseye “Internet Girl” being a missed opportunity for not having a first reveal with a music videoNovember 19, 2025
  • Do mainland indians consider lara from katseye as representation?November 19, 2025
  • ADP and the KGMA Daesang Discourse on TikTokNovember 19, 2025
  • Trying to buy a specific Kodak JacketNovember 19, 2025
  • Essential Vegetables in Korean Cooking — This Week’s Kitchen Thought TuesdayNovember 19, 2025
  • Foreign tourists’ new pilgrimage as K-glasses catch onNovember 19, 2025
  • Seoul becomes Anthropic’s (Claude AI) third office in Asia-PacificNovember 19, 2025
  • China wary of South Korea’s nuclear sub plan, urged to show restraintNovember 19, 2025
  • My attempt at kimchi jjigaeNovember 18, 2025
  • Why has KATSEYE recently been so much more revealingNovember 18, 2025
  • When you have nothing to eat, make Kimchi fried rice with fried egg.November 18, 2025
  • Seaweed did not really go with this 🫠 fridge clean out/gallstones friendly dinner 🤌🏼November 18, 2025
  • Today mark 9 years for bts first daesang, and it made me think how the word lost it’s meaning.November 18, 2025
  • good dishes to make that aren’t particularly processed?November 18, 2025
  • Homemade Korean FoodNovember 18, 2025
  • South Korea’s 4th Nuri launch to deploy 13 satellites in first dawn mission, including payload for world’s first protein crystallization experiment in space, aurora-measurementNovember 18, 2025
  • South Korea indefinitely postpones joint military drill with Japan over refueling disputeNovember 18, 2025
  • Psycho is definitely the best BM comebackNovember 18, 2025

All Articles

  • Art (3)
  • Feeds (15,392)
    • Community (10,552)
    • Entertainment (1,051)
    • News (3,786)
  • History (41)
  • People (16)

History of Korea

  • Exploring Ancient Korea: A Journey into Pre-HistoryOctober 12, 2017
    Introduction to Pre-Historic Korea The timeline of ancient Korea before documented history is a fascinating yet challenging area of study.… Read more: Exploring Ancient Korea: A Journey into Pre-History
  • The Rise and Fall of Go Joseon and the Emergence of the Three KingdomsOctober 19, 2017
    Introduction to Go Joseon The Go Joseon dynasty, often considered a pivotal era in Korean history, emerged around the end… Read more: The Rise and Fall of Go Joseon and the Emergence of the Three Kingdoms
  • The Rise and Fall of Korea’s Three Kingdoms: A Story of Power, Conflict, and UnificationNovember 30, 2017
    Introduction to the Three Kingdoms The Three Kingdoms period in Korea, encompassing approximately from the 1st century BCE to the… Read more: The Rise and Fall of Korea’s Three Kingdoms: A Story of Power, Conflict, and Unification
  • Choe Chi-wonFebruary 14, 2018
    Introduction to Choe Chi-won Choe Chi-won, born in 857, stands as a notable figure in Korean history, specifically during the… Read more: Choe Chi-won
  • King Gwanggaeto the GreatMay 14, 2018
    Introduction to King Gwanggaeto King Gwanggaeto the Great, a pivotal figure in Korean history, ruled from 395 to 413 CE… Read more: King Gwanggaeto the Great
  • Won HyoOctober 14, 2018
    Introduction to Won Hyo Won Hyo, a prominent figure in Korean history, is celebrated for his profound impact on the… Read more: Won Hyo
  • Jang BogoApril 14, 2019
    Introduction to Jang Bogo Jang Bogo, a prominent historical figure from the Silla Dynasty, played a pivotal role in shaping… Read more: Jang Bogo
  • GyebaekApril 14, 2019
    Introduction to Gyebaek Gyebaek is a prominent historical figure in Korean history, particularly known for his role as a general… Read more: Gyebaek
  • King MuryeongSeptember 14, 2019
    Introduction to King Muryeong King Muryeong, reigning from 501 to 523 AD, stands as one of the most influential monarchs… Read more: King Muryeong
  • The Rise and Fall of the Goryeo Dynasty: A Precursor to the Joseon EraJanuary 3, 2020
    Introduction to the Goryeo Dynasty The Goryeo Dynasty, established in 918 AD by the notable general Wang Geon, marks a… Read more: The Rise and Fall of the Goryeo Dynasty: A Precursor to the Joseon Era

Open Korea

Open Korea

Korean Identities Beyond Borders

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Helplines in Korea

112  | Police

Call to report life-threatening situations and emergencies requiring law enforcement. Text service and location tracking service is also available.

119 | Fire & Ambulance

The fire department and health emergencies requiring ambulance service. There’s also an English reporting section on their website.

182 | Missing Persons & Stolen Vehicles

This line is also used for non-emergency reports and requests such as inquiring about the cost of a fine for a traffic violation, information on car licenses, and how to contact officers in charge of specific cases.

1339 | Korea Center for Disease Control (KCDC) Foreigner Helpline

Particularly useful during the 2015 MERS scare, the KCDC provides foreigners with information about first-aid and diseases in English, Japanese, Chinese, Vietnamese, and Mongolian.

1366 | Seoul Women’s Help Hotline

Not necessarily English-friendly and not outside of Seoul, this 24-hour service immediate response line for women involved in domestic abuse, sexual violence or prostitution should still be kept handy.

1330 | Korea Tourism Organization’s Travel Helpline

Tourism and translation services. The service is available 24/7 and provides information on tourist sites, transportation, restaurants, and more.

120 | Seoul Municipal Government Info

The Seoul “Dasan” helpline provides information on restaurants (Korean and international cuisines), transportation (bus, subway, taxi, etc.), Korean language schools, interpretation services, legal consulting, lost items, volunteer services, daily living in Seoul, and tourism. Available languages are Chinese, English, Japanese, Mongolian and Vietnamese from 9 am to 10 pm.

1345 | Immigration

Foreign resident can to ask just about any immigration-related question. Keep in mind that they tend to be on the negative side, as it’s the safer way for them to answer. Tip: Get their name and information so that if you visit the immigration office and get a different story you can tell them that you were told otherwise…

1331 | National Human Rights Commission of Korea

Call here to get information on human rights laws and social justice in Korea, as well as get assistance with filing a complaint and even receive counseling.

110 | National Government Call Center

This phone number is available for the public to call and inquire about anything from government policy to civil complaints. Available in 20 different languages.

Useful Official Links on Korea

Korean Arts

  • Archive of Gugak 국악아카이브
  • Artsnet 미술포탈 아츠넷
  • Digital Archive of Performing Arts 공연예술 디지털 아카이브
  • Intangible Heritage Digital Archive 무형유산 디지털 아카이브
  • Korea Digital Archives for the Arts 한국예술디지털아카이브
  • National Museum of Contemporary Art, Korea 국립현대미술관
  • ​National Museum of Korea 국립중앙박물관
  • Seoul Photo Archives 서울사진아카이브

Korean Cinema

  • HANCINEMA The Korean Movie & Drama Database
  • Intangible Heritage Digital Archive 무형유산 디지털 아카이브
  • KMDb 한국영화데이터베이스
  • Korea Digital Archives for the Arts 한국예술디지털아카이브
  • Korean Annual Box Office Results 영화진흥위원회 박스오피스
  • Korean Film Archive 한국영상자료원
  • Korean Film Archive YouTube Channel
  • Korean Film Biz Zone
  • Korean Film Council 한국영화진흥위원회
  • KTV National Record Film 한국정책방송원 e영상역사관
  • North Korean film 북한영화 (통일부 북한자료센타)

Language & Literature

  • The Academy of Korean Studies 한국학 중앙 연구원
  • DLKL (한국 문학 디지털 도서관) by 한국문학번역원Digital Library of Korean Literature
  • The Korea Comparative Literature Association 한국비교문학회
  • The Korean Association of Language Sciences 한국언어과학회
  • Korean Literature Archive
  • Korean Literature Author Data Service
  • Korean Literature E-books in Multiple Languages
  • The Learned Society of Modern Korean Literature 한국현대문학회
  • The Modern Linguistic Society of Korea 한국현대언어학회
  • The Society of Korean Oral Literature 한국 구비 문학회
  • 국어 능력 인증 시험 (한국언어문화연구원)
  • 근대 문학 종합 목록 (국립 중앙 도서관)A comprehensive database for Korean modern literature. The site provides a search for authors and titles.
  • 한국 고전 종합 DB
  • 한글 학회 (Korean Language Society)

Statistical Sources

Government sources

  • Statistics Korea (KOSTAT 통계청)
  • Korean Statistical Information Sources (KOSIS 국가통계포털)
  • Open DATA Portal (공공 데이터 포털)

Themed statistics

  • Korean Social Science Data Archive (KOSSDA) 한국사회과학자료원
  • North Korean Statistics 북한통계 (KOISS)
  • 경제통계시스템 (Economic Statistics System)
  • 국가교육통계정보센터 (Korea National Center for Education Statistics & Information)
  • 노동통계 (Labour Statistics)
  • Media Statistics (Korea Press Foundation)
  • Trade Statistics (수출입통계, 관세청 Korea Customs Service)

History related sources

  • 한국역사정보통합시스템 (국사편찬워원회)
  • 한국사 데이터베이스
  • Kyujanggak Institute (규장각 한국학 연구원)Seoul National University Kyujanggak Institute for Korean studies
  • 한국학 디지털 아카이브
  • The Annals of the Joseon Dynasty 조선 왕조 실록
  • The Daily Records of Royal Secretariat of Joseon Dynasty 승정원 일기
  • 朝鮮王朝実録 (東京大学東洋文化研究所)
  • Korean Image Archive (한국 이미지 자료원)2,400 historic, original photographs of Korea (primarily focus on images captured pre-1970, and 35mm color slides) are available for research, presentation, lectures and other forms of scholarly works.
  • Sajin Taehan Min’guk (사진 대한민국)a collection of photographic records that vividly capture the people’s daily lives and social changes.
  • Academy of Korean Studies [한국학 디지털 아카이브]

Bibliographies and Indexes

  • 한국학술지인용색인 Korea Citation Index
  • KORCIS: 한국 고문헌 종합 목록 (국립중앙도서관)Korean Old and Rare Collection Information System
  • 近代朝鮮関係書籍データベース (東京大学東洋文化研究所)
  • 한국 잡지 박물관 DB