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Letters from Family Office
New Tax Laws for CEOs in Korea

New Tax Laws for CEOs in Korea

If you are thinking about a failure-free family business succession strategy...

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Jaehong Lim
May 04, 2024
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Letters from Family Office
New Tax Laws for CEOs in Korea
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Today, we delve into the recent amendments to the tax laws that CEOs on the cusp of business succession should pay close attention to.

The government has been substantially overhauling the tax system related to business succession to boost economic vitality and support generational shifts in enterprises. The deduction limit for the inheritance tax deduct…

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