Case Number of the immediately preceding lawsuit

Seoul High Court 2015Nu43232 ( November 17, 2015)

Case Number of the previous trial

2013west0827 (Law No. 13, 2013)

Title

Since it is presumed that there is a purchase due to the sale of scrap metal, the purchase cost is recognized as deductible expenses.

Summary

In principle, the sales of scrap metal is established by the volume of the purchased scrap metal. Therefore, unless there are special circumstances, the purchase cost is recognized as deductible expenses.

Related statutes

Article 19 (Scope of Deductible Expenses)