Samsung family nears completion of inheritance tax payments

Hong Ra-hee, the widow of late Samsung Electronics Chair Lee Kun-hee, is selling shares worth about 2.08 trillion won ($1.41 billion) to help cover a massive in ...
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Inheritance tax: How it works and how it differs from estate tax

An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...