Seoul High Court-2016-Nu-59579 ( January 26, 2017)

The value of money received by the Plaintiff shall not be deemed to exceed the total amount to be performed initially in accordance with the instant modified contract.

Although the money of this case can be seen as penalty or compensation for other income, it cannot be deemed that the money of this case is a monetary compensation for damages exceeding the benefits to be paid under the modified agreement of this case.

Enforcement Decree of the Income Tax Act (amended by Presidential Decree No. 24356, Feb. 15, 2013; hereinafter the same shall apply) Article 51(3)4 / [Calculation of Gross amount of income]

2017Du35493 Detailed income and revocation of disposition of global income

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BB Director of the Tax Office

May 31, 2017

1. The appeal is dismissed.

2. The costs of appeal are assessed against the Defendant.

All of the records of this case and the judgment of the court below and the grounds of appeal were examined, but the argument on the grounds of appeal by the appellant is clear that it falls under Article 4 of the Act on Special Cases Concerning the Procedure for Appeal

The appeal is dismissed in accordance with Article 5 of the same Act. It is so decided as per Disposition by the assent of all participating Justices.

It is so decided as per sentence.