Seoul Administrative Court 2009Guhap1419 ( October 22, 2010)

Seocho 207west 5234 ( October 16, 2008)

Donation due to capital increase;

The profits earned by being allocated new stocks in the event of capital increase and the largest shareholder of the corporation and specially related to the corporation is not a shareholder of the corporation.

The contents of the decision shall be the same as attached.

1. The plaintiff's appeal is dismissed.

2. Costs of appeal shall be borne by the Plaintiff.

The imposition of gift tax of KRW 219,004,80 against the Plaintiff on August 1, 2007 shall be revoked.

1. Quotation of judgments of the first instance;

The reasoning of this Court is that the reasoning of the judgment of the court of first instance is the same as that of the judgment of the court of first instance. Thus, this Court cites it as it is in accordance with Article 8(2) of the Administrative Litigation Act

2.In conclusion

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