The bankruptcy trustee of Malaysia Co., Ltd., the bankrupt person, the Maximum of the bankruptcy trustee (Attorney Gyeong-soo, Counsel for the plaintiff-appellant)

Head of Yeongdeungpo Tax Office

November 24, 2005

Seoul Administrative Court Decision 2004Guhap37277 decided May 12, 2005

1. The defendant's appeal is dismissed.

2. The costs of appeal are assessed against the defendant.

1. Purport of claim

The Defendant’s imposition of KRW 37,88,450 as income tax for the business year of 1996 and KRW 2,226,40,00 as income tax for the business year of 197 shall be revoked.

2. Purport of appeal

The judgment of the first instance is revoked. The plaintiff's claim is dismissed.

The reasons for this part are as follows: "US$ 167,633.20" in Section 8 of Section 2 of the judgment of the court of first instance is the same as the entry in the reasoning for the judgment of the court of first instance, except for the case where "US$ 167,633.20" is "US$ 167,63.20."

Therefore, the judgment of the court of first instance is just, and the defendant's appeal is dismissed as it is without merit, and it is so decided as per Disposition.

Judges Kim Jong-soo (Presiding Judge)