Plaintiff (Attorney Nowon-gu, Counsel for the plaintiff-appellant)

The Director of the sericultural Tax Office

May 18, 2016

Seoul Administrative Court Decision 2015Gudan52794 decided November 12, 2015

1. The plaintiff's appeal is dismissed.

2. The costs of appeal shall be borne by the Plaintiff.

The judgment of the first instance shall be revoked. The Defendant’s imposition of capital gains tax of KRW 358,448,600 against the Plaintiff on January 7, 2014 shall be revoked.

1. Quotation of judgment of the first instance;

The court's explanation on this case is the same as the statement of the reasons for the judgment of the court of first instance, and thus, citing this as is in accordance with Article 8 (2) of the Administrative Litigation Act and Article 420 of the Civil Procedure Act

2. Conclusion

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

Judges Sung Pung-tae (Presiding Judge)