Family with Samsung donated a treasure house of art, including Picassos and Dal rivets to cut their large-scale heritage tax bills.

Abstract: Li Kunxi, Samsung, left his heir, in October last year, near $ 21 billion in wealth after the death of heart attack. Jung Yeon-Je / AFP / GETTY IMAGES The Samsung Electronics Chairman Lee Kun Hee don...

Li Kunxi, Samsung, left his heir, in October last year, near $ 21 billion in wealth after the death of heart attack. Jung Yeon-Je / AFP / GETTY IMAGES  The Samsung Electronics Chairman Lee Kun Hee donated a treasure house of approximately 23,000 artworks to scrape a huge huge tax bill they needed within five years.
Art collection includes fragments from Salvador DAL riveting, Pablo Picasso and Jean-Michel Basquiat, and will go to several national museums in the country. 
"Li Chairman Li, Chairman Li, Western Painting and Korean Artist's Works? A total of 23,000 pieces will be donated to national organization to recognize his importance of collecting and belief in passing the ball The enthusiasm of our cultural heritage is in the new generation, and the group said in a statement seen in YonHap.  
Some worthless works of the donation include Marc Chagall, bride and groom with bouquet, and Dal rivet Marsupial mentaurs family.
Turning ghosts with $ 12 Trilli to win tax payment (about $ 10.87 billion) tax bill, South Korea's record number? Because the country has 50% of the heritage tax rate. According to BBC, this hundred points is the second high, the second high after Japan, 55% of its heritage tax.  Nikkei Asian report said that Li's wife and three children said they would be happy to pay taxes in a rare public statement.
The Samsung family is Korean's largest Chaebol, or a family-run enterprise group. October last year's death 78-year-old death will give the family some uncertainty, and whether it will affect the family's long-term - despair or Dilute their shares in the company.  According to Wall Street Daily, Li Tin also intends to donate more than $ 900 million charity efforts? This will be to establish Chinese medical facilities South Korea and children who help cancer and rare diseases. Li Si will not pay taxes for this donation.

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