China News Service, December 23. According to Korean media reports, on the 22nd, the amount of stock inheritance tax payable by the heirs of the late Samsung Electronics Chairman Li Jianxi was finalized at 11.04 trillion won (approximately 65.16 billion yuan). A record high in Korean history.

  According to the law, the inherited value of Li Jianxi’s shares should be calculated based on the average closing price of the two months before and after the pricing base date.

During this period, the average closing prices of shares held by Lee Kin-hee were 62,394 won per share of Samsung Electronics, 55,697 won per share of Samsung Electronics' preferred stock, 173,048 won per share of Samsung SDS, 114,681 won of Samsung C&T, and 66,276 won of Samsung Life.

Data map: Lee Jianxi, the late chairman of Samsung Electronics.

  According to the shareholding ratio announced by Samsung at the end of September, the inheritance value of Li Jianxi’s shares is 18.9633 trillion won. After applying the shareholder discount and the corresponding tax rate, the share inheritance tax payable by Li Jianxi’s heirs is 11.04 trillion won.

  In addition, Lee Kin-hee's land ownership in Everland in Yongin, Gyeonggi Province and the estate tax on properties in Hannam-dong, Seoul are also very large.

  Tax officials pointed out that if the declaration of the inherited value of the land is unrealistically low, the National Tax Agency of Korea may directly conduct an appraisal and carefully evaluate the inherited value of the real estate.

  It is reported that the tax declaration and payment obligations of the heirs of Li Jianxi's estate should be fulfilled before April 2021. If it is difficult to pay a huge tax at one time, it can also be paid in installments at the annual interest rate.

  On October 25, 2020 local time, Li Jianxi died of illness in Seoul at the age of 78.

He was hospitalized for several years after a sudden heart attack in 2014.

  Under his leadership, Samsung became the largest company in Korea, and Lee Jianxi was once hailed as the most successful entrepreneur in Korea.

  On October 28, 2020, South Korean corporate evaluation website CEO SCORE released statistics showing that Samsung’s total assets increased by more than 76 times during Li Jianxi’s tenure, an increase of more than 790 trillion won (approximately RMB 4.7 trillion), making it one of the top ten Korean companies The best in the group.