Seoul High Court-2015-Nu-5747 ( March 23, 2016)

(B) The acquisition of ownership by the exercise of a redemptive right shall be deemed a transaction separate from the transfer of the original land of this case.

(Summary) It is reasonable to deem that acquisition of ownership following the exercise of a redemptive right is a transaction separate from the transfer of land in this case.

Article 88 of the Income Tax Act

2016du36352 Revocation of revocation of capital gains tax rectification

-Appellee

AAAAAAA subsidiary organization

-Appellant

BB Director of the Tax Office

Seoul High Court Decision 2015Nu55747 Decided March 23, 2016

The appeal is dismissed.

The costs of appeal are assessed against the Plaintiff.

The records of this case and the judgment of the court below and the grounds of appeal were examined. However, the grounds of appeal by the appellant are not included in the grounds prescribed in each subparagraph of Article 4(1) of the Act on Special Cases Concerning the Procedure for Appeal, and the appeal is dismissed in accordance with Article 5 of the same Act. It is so decided as per Disposition by the assent of