Seoul High Court 2013Nu2220 (201.08)

The disposition determined by estimation is legitimate because there is no basis for failure to recover interest expenses and principal and the submission of the books based on calculation of the tax base, etc.

The disposition based on the establishment of provisional registration on real estate is legitimate because the plaintiff was not able to collect interest expenses and principal for interest income received by lending money to many persons through unregistered credit service providers, and the record was not submitted.

Article 80 of the Income Tax Act

2014du437 global income and revocation of disposition

LAA

Samsung Head of Samsung Tax Office

Seoul High Court Decision 2013Nu2220 Decided January 8, 2014

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 it is clear that the assertion on the grounds of appeal by the appellant constitutes Article 4 of the Act on Special Cases Concerning the Procedure for Appeal and therefore, the appeal is dismissed under Article 5 of the above Act. It is so decided as per Disposition by