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National Tax Service, Korean Air special tax investigation… It seems to be related to inheritance tax

[서울=뉴스핌] Reporter Kang Myung-yeon = The National Tax Service is conducting a special tax investigation by putting an investigator at the headquarters of Korean Air in Gangseo-gu, Seoul.

According to the airline industry on the 20th, the National Tax Service is collecting tax and accounting data at the headquarters of Korean Air this afternoon.

A flight attendant is entering the headquarters of Korean Air in Gonghang-dong, Gangseo-gu, Seoul.[Photo=ReporterHak-seonKim[사진=김학선기자

The tax audit is reported to be related to the family’s inheritance tax after the death of the late Hanjin Group chairman Cho Yang-ho. Korean Air said, “It is not a regular tax audit conducted every five years.”

The Hanjin family, including Cho’s wife, former Ilwoo Foundation Chairman Lee Myung-hee, and son Cho Won-tae, reported an inheritance tax of about 270 billion won in 2019. They are distributing the inheritance tax six times over five years through the annuity system.

Chairman Cho Won-tae is known to have paid some of the inheritance tax by taking a loan of about 40 billion won last year using Hanjin Kal’s shares as collateral.

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