Seoul High Court-2017-Nu62480 ( December 01, 2017)

Cho High-2016-Seoul Government-0193 (Law No. 31, 2016)

If the majority shareholders of a stock-listed corporation transfer stocks, they are liable to pay capital gains tax.

(ps) If the Plaintiff and related parties constitute a major shareholder of a stock-listed corporation, they are liable to pay capital gains tax when transferring stocks.

Article 94 of the Framework Act on National Taxes

2017Du75194 Revocation of Disposition of Imposing capital gains tax, etc.

fixed**

00. Head of tax office

March 29, 2018

All appeals are dismissed.

The costs of appeal are assessed against the Plaintiff.

While examining the grounds of appeal in comparison with the records of this case and the judgment of the court below, the argument on the grounds of appeal is not deemed to include or not accept the grounds of appeal under the subparagraphs of Article 4(1) of the Act on Special Cases Concerning the

Therefore, all appeals are dismissed. It is so decided as per Disposition by the assent of all participating Justices.