Partial amendment to INHERITANCE TAX AND GIFT TAX ACT

Korea’s highest inheritance tax rate of 50% is the second highest among OECD member countries and wh...

Korea’s

,

highest

,

inheritance

,

tax

,

rate

,

of

,

50%

,

is

,

the

,

second

,

highest

,

among

,

OECD

,

member

,

countries

,

and

,

when

,

applied

,

with

,

premium

,

evaluation

,

on

,

inherited

,

stocks

,

maximum

,

of

,

60%

,

will

,

be

,

charged

,

which

,

is

,

known

,

to

,

be

,

the

,

highest

,

level

,

compared

,

to

,

major

,

countries

,

such

,

as