Whether an appraisal price assessed for the purpose of reporting inheritance tax falls under the market price

"The appraised price assessed for the purpose of declaration of inheritance tax shall not fall under the market price because the acceptance, public sale price, and public appraisal price in the Inheritance Tax and Gift Tax Act are not all corresponding to the market price, but limited to those which are recognized as the market price under the conditions as prescribed by the Presidential Decree."

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

Busan District Court Decision 99Gu5573 delivered on December 22, 1999

1. All appeals by the plaintiffs are dismissed.2. The costs of appeal are assessed against the plaintiffs.

The reasoning of the judgment of the court below concerning this case is that of the reasons for the judgment below.

Because of the same kind of reconsideration, it is accepted in accordance with Article 8 of the Administrative Litigation Act and Article 390 of the Civil Procedure Act.

Therefore, the judgment of the court below is just and the plaintiffs' appeal is dismissed. It is so decided as per Disposition.