The Samsung family will reveal the details of the inheritance of Samsung Chairman Lee Kun-hee on the morning of the 28th.



The details of inheritance are expected to include social contribution plans that are expected to cost trillions of won, such as donating art works and donating private materials, splitting the shares held by Chairman Lee, and paying inheritance tax.



The inheritance tax is expected to be around 12 to 13 trillion won, the largest ever.



According to Samsung today (28th), Vice Chairman Lee Jae-yong, Mrs. Hong Ra-hee, Hotel Shilla President Lee Bu-jin, and Lee Seo-hyun, Chairman of the Samsung Welfare Foundation, and other heirs today unveil the details of the inheritance tax and social return plan for Chairman Lee Kun-hee's legacy.



Chairman Lee's legacy is estimated at 30 trillion won in total, including stocks, art works, real estate, and cash equivalents.



Among them, only the stock value of Samsung affiliates such as Samsung Electronics (4.18%), Samsung Life Insurance (20.76%), Samsung C&T (2.88%), and Samsung SDS (0.01%) owned by Chairman Lee reached about 19 trillion won, and only the stock inheritance tax was 11 It amounts to 40 trillion won.



This is the result of applying the largest shareholder's premium rate of 20%, the highest tax rate of 50%, and the voluntary report deduction rate of 3% to the average of the closing prices for two months before the date of death of Chairman Lee and two months after his death.



When applying the simple legal inheritance ratio, Ms. Hong Ra-hee is 3/9 (33.33%) and the three siblings are 2/9 (22.22%). It seems that the stakes were settled as a way to increase control over Samsung Electronics.



It will be discussed how to hand over Chairman Lee's shares of Samsung Electronics to Vice Chairman Lee and share shares of Samsung Life Insurance with four members of his family.



On the 26th, the Samsung family reported to the financial authorities that they would not divide Chairman Lee Kun-hee's stake in Samsung Life Insurance, but some observers say that the split-up negotiations between the heirs have not ended.



However, rather than this, there are many prospects that after the official announcement of the inheritance share today, the share split ratio will be revised.



More than 10,000 works of art from the'Lee Kun-hee Collection', known for only connoisseurs of KRW 2.5 trillion to 3 trillion won, are donated to the National Museum of Modern and Contemporary Art, National Museum of Korea, and local art museums.



The art world sees the scale of donation of Lee Kun-hee's collection as equivalent to 1 to 2 trillion won based on appraised value.



Some of the private assets of Chairman Lee Kun-hee will also be returned to society.



At the time of the Samsung slush fund investigation by the Special Prosecutor's Office in 2008, Chairman Lee said, "I will use the remaining money after paying fines and missing taxes among the under-named assets that have been converted to real names."



At that time, out of the total stock of Samsung subsidiaries that had become real-named by Chairman Lee at the time, it is estimated to be about 1 trillion won after being collected through taxes.



As for the method of contribution to private property, the establishment of a foundation in the name of Chairman Lee or donation to existing Samsung foundations such as the Samsung Life Insurance Foundation and the Samsung Cultural Foundation are discussed.



Plans for heirs to pay inheritance tax are also disclosed.



The business community is expected to pay one-sixth of the 12-13 trillion won in inheritance tax along with the inheritance tax declaration on the 30th of this month, and pay the remainder in installments over five years.



Inheritance tax resources include personal property and stock dividends of the Samsung family, and some insufficient amounts are borrowed directly from the financial sector or secured by stocks, real estate, dividends, etc. Is expected to be submitted to the IRS



Although it is possible to sell shares of affiliates such as Samsung SDS to prepare inheritance tax, the possibility is known to be small.