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Samsung family completes 12 trillion won inheritance tax payment for Lee Kun-hee

The Samsung family has completed payment of 12 trillion won in inheritance tax on the estate of the late former chairman Lee Kun-hee over five years, finishing six installments, heirs said on Saturday. The amount is about 50 percent more than South Korea’s 2024 inheritance tax revenue of 8.2 trillion won and is the largest such payment since the country’s founding. The estate included stakes in affiliates and real estate.

AI & Enterprise

MSIT, health ministry push to shift public healthcare to AI-SaaS

South Korea\'s Ministry of Science and ICT and the National Information Society Agency said they will accept applications through May 22 for a project to support shifting public hospital information systems to AI cloud services. The project aims to replace aging, individually built systems with private AI-based software-as-a-service. The government targets converting systems at the National Medical Center and Seoul Medical Center by 2027 and expanding to 35 local medical centers.

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