Gwangju High Court-2013-Nu-1262 ( November 14, 2013)

(Trial Disorder) The disposition imposing tax on the issue of treasury stock by deeming it as an asset irrelevant to the business is not erroneous.

(Main) The disposition that the disposition agency imposes tax by applying the provision on non-deductible expenses of paid interest to the assets unrelated to the business from the time when the right to exercise the stock option has ceased to exist.

Article 28(1)4 of the Corporate Tax Act

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. However, the grounds of appeal on the grounds of appeal are not included in the grounds provided by each subparagraph of Article 4(1) of the Act on Special Cases Concerning the Procedure for Appeal, and the appeal is dismissed pursuant to Article 5 of the same Act. It is so decided as per