Seoul High Court 2012Nu38192 ( May 9, 2013)

The gift tax imposed on title trust is legitimate because it is difficult to deem that there was no purpose of tax avoidance.

It is difficult to accept the argument that the purpose of a company’s bypass listing procedure was solely carried out by the company’s bypass listing procedure, and it is difficult to deem that there was no purpose of tax avoidance because the title trust result in avoiding global income tax.

2013Du9724 Revocation of Disposition of Imposition of Gift Tax

Park AA

Head of Seodaemun Tax Office

Seoul High Court Decision 2012Nu38192 Decided May 9, 2013

The appeal is dismissed.

The costs of appeal are assessed against the Plaintiff.

Although all of the records of this case and the judgment of the court below and the appellate brief were examined, and the appellant's grounds of appeal are not included in the grounds provided by each subparagraph of Article 4 (1) of the Act on Special Cases Concerning the Procedure of Appeal or are recognized to be groundless, and the appeal is dismissed under Article 5 of the same Act. It is so decided as per