Plaintiff (Law Firm Lee Li-EL, Attorneys Lee Du-won, Counsel for the plaintiff-appellant)

Head of Seocho Tax Office

September 7, 2006

Seoul Administrative Court Decision 2005Gudan8750 decided Nov. 25, 2005

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 disposition of imposition of KRW 107,117,820 and KRW 53,738,966 against the Plaintiff on January 31, 2005 shall be revoked.

The reasons for this part are the same as the reasons for the judgment of the court of first instance, and therefore, they are cited by Article 8(2) of the Administrative Litigation Act and Article 420 of the Civil Procedure Act.

Therefore, the judgment of the court of first instance is just, and the plaintiff's appeal is dismissed, and it is so decided as per Disposition.

Judges Kim Jong-soo (Presiding Judge) and Kim Jin-jin