Plaintiff, Appellant
Plaintiff 1 and two others (Attorney Hwang Jong-sung et al., Counsel for the plaintiff-appellant-appellee)
Defendant, appellant and appellant
The director of the tax office.
Conclusion of Pleadings
December 21, 2006
The first instance judgment
Seoul Administrative Court Decision 2005Guhap34725 decided June 22, 2006
Text
1. The defendant's appeal is dismissed.
2. The costs of appeal are assessed against the defendant.
Purport of claim and appeal
1. Purport of claim
The Defendant’s imposition of capital gains tax of KRW 274,047,740 on May 1, 2004 against Plaintiff 1, and KRW 490,651,570 on capital gains tax of KRW 1999 on Plaintiff 3 and KRW 360,918,370 on capital gains tax of KRW 199 on Plaintiff 2.
2. Purport of appeal
The judgment of the first instance is revoked. All of the plaintiffs' claims are dismissed.
Reasons
The court's explanation about this case is identical to the statement No. 1 and No. 2 in the reasoning of the judgment of the court of first instance. Thus, the court's explanation is based on 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 legitimate, and the defendant's appeal is dismissed. It is so decided as per Disposition.
Judges Kim Tae-dae (Presiding Judge) Park Jae-dae (Presiding Judge)