Title
Whether it falls under real estate trading business
Summary
In light of the frequency and frequency of real estate transactions, the holding period, the scale of sale and purchase, the current status of real estate holding, etc., it is recognized that real estate is engaged in real estate wholesale business by acquiring and transferring real estate continuously and repeatedly for profit from the beginning.
Related statutes
Article 6 (Supply of Goods)
Text
1. The plaintiff's appeal is dismissed.
2. The costs of appeal shall be borne by the plaintiff.
Purport of claim and appeal
The judgment of the first instance shall be revoked. The defendant shall revoke the disposition of imposition of value-added tax of KRW 405,470,758 against the plaintiff on June 17, 2005.
Reasons
The reasoning for this Court’s implementation is as follows: (a) the first instance court’s decision is the same as the reason for the first instance judgment, except for deletion of the fourth through nine (9) of the first instance judgment; and (b) thus, (c) Article 8(2) of the Administrative Litigation Act and Article 420 of
Therefore, the judgment of the court of first instance is just, and the plaintiff's appeal is dismissed as it is without merit. It is so decided as per Disposition.