Case Number of the immediately preceding lawsuit

Suwon District Court 201Guhap14358 ( November 02, 2012)

Case Number of the previous trial

Early High Court Decision 201Du1875 ( October 23, 2011)

Title

Since the portion exceeding principal among the dividend paid by the Plaintiff constitutes interest income, the initial taxation is legitimate.

Summary

(1) Of the amounts distributed by the Plaintiff in the auction procedure, the amount exceeding the principal of the Plaintiff’s loan claims constitutes “interest income under the Income Tax Act, which is interest income under the Income Tax Act,” and thus, the tax initial global income tax assessment is lawful.

Cases

2012Nu35742 Global income and revocation of disposition

Plaintiff and appellant

ThisAAA

Defendant, Appellant

The director of the tax office

Judgment of the first instance court

Suwon District Court Decision 201Guhap14358 Decided November 2, 2012

Conclusion of Pleadings

May 8, 2013

Imposition of Judgment

June 5, 2013

Text

1. The plaintiff's appeal is dismissed.

Purport of claim and appeal

The judgment of the first instance shall be revoked. The disposition of imposition of global income tax of KRW 000,000, which the Defendant rendered to the Plaintiff on January 3, 201, shall be revoked.

Reasons

1. cite the judgment of the first instance;