The Impact of South Korea’s Inheritance Tax on Economic Growth
[su_heading size=”27″ align=”left” margin=”40″]Introduction to South Korea’s Inheritance Tax[/su_heading] Inheritance tax in South Korea is among the highest in the world, with a top rate of 50%. When combined with the surcharge for large shareholders, the effective tax rate can reach up to 60%, the highest among OECD countries. This has sparked significant debate regarding … Read more