South Korea’s plan to lower its inheritance tax for the first time since 1995 could stimulate the economy and stocks, say investors. The move, pending approval from the opposition-controlled parliament, would benefit families controlling major firms like Samsung and Hyundai. The finance ministry is also seeking broad tax breaks to encourage better management practices and shareholder returns under President Yoon Suk Yeol’s “Corporate Value-up” initiative. The benchmark Kospi rose 0.8%, outpacing broader Asian equities, while the small-cap Kosdaq index was unchanged. Investors welcome the tax cuts but remain skeptical due to political opposition. They see the inheritance tax reduction as part of a broader strategy to boost economic growth and improve corporate governance, though its immediate impact may be limited.