Seoul High Court-2016-Nu-76703 ( dated 12, 2017)

(B) A house that began to be leased after 2000 shall not be eligible for reduction or exemption for long-term rental houses.

The proviso of Paragraph (1) of Article 97 of the Restriction of Special Taxation Act is also applicable to the case of "the commencement of lease before December 31, 200," and the case of commencement of lease after 2001 is not subject to reduction or exemption.

Article 97 of the Restriction of Special Taxation Act (Capital Gains Tax on Long-Term Rental Houses)

Revocation of disposition imposing capital gains tax

AA

BB Director of the Tax Office

Seoul High Court Decision 2016Nu76703 Decided July 12, 2017

November 9, 2017

The appeal is dismissed.

The costs of appeal are assessed against the Plaintiff.

All of the records of this case and the judgment of the court below and the grounds of appeal were examined, but the grounds of appeal by the appellant are not included in the grounds under each subparagraph of Article 4(1) of the Act on Special Cases Concerning the Procedure for Appeal, and the appeal is dismissed pursuant to Article 5 of the same Act. It is so decided as per Disposition by the assent of all participating Justices