Title
Whether the amount of bicycle riding can be viewed as acquisition price
Summary
In the case of electric power trading, although the form of sale was conducted in the form of form, it cannot be deemed that the assets were actually transferred with compensation, and thus, the instant bicycle race does not constitute a new acquisition of transfer or assets, and thus, the said taxation is legitimate.
Related statutes
Article 96 of the Income Tax Act
Article 94 of the Securities and Exchange Act
Text
The appeal is dismissed.
The costs of appeal are assessed against the defendant.
Reasons
In comparison with the records of this case and the judgment of the court below, the allegation in the grounds of appeal cannot be accepted in accordance with Article 4 of the Act on Special Cases Concerning the Procedure for Appeal. Therefore, Article 5 of the Act provides that all appeals shall be dismissed, and the costs of appeal shall be borne by the losing party. It is so decided as per Disposition by the assent of