Seoul Administrative Court-2014-Gu Group-53844 ( October 15, 2016)

Cho High-2013-Seoul Government-4862 (Law No. 14, 2014)

The Plaintiff’s taxation that imposes capital gains tax by deeming the transfer value of the land at issue as 3.8 billion is reasonable.

(1) The Plaintiff’s assertion that the actual transaction price is KRW 2.5 billion is without merit, since it is reasonable to deem that the actual transaction price at the time of transfer of the pertinent land is KRW 3.8 billion.

Article 96 of the Income Tax Act

2016Nu36286 Revocation of Disposition of Imposing capital gains tax

SAA

BB Director of the Tax Office

Seoul Administrative Court Decision 2014Gudan53844 decided January 15, 2016

October 14, 2016

November 4, 2016

1. The plaintiff's appeal is dismissed.

2. The costs of appeal shall be borne by the Plaintiff.

The judgment of the first instance shall be revoked. The imposition of the capital gains tax of KRW 000 on September 1, 2011 rendered by the Defendant to the Plaintiff on September 1, 2013 shall be revoked.

1. Quotation of the reasons for the judgment of the first instance;

The reason for this decision is the same as the reason for the judgment of the court of first instance, and thus, it shall be quoted in accordance with Article 8(2) of the Administrative Litigation Act and Article 420 of the

2. Conclusion

Therefore, the plaintiff's claim is dismissed as it is without merit, and 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.