Seoul High Court 2017Nu69412 (Law No. 25, 2018)

(In making a payment of stock transfer price to a foreign corporation, whether the duty to submit a statement of payment arises even in cases where loss from transfer occurs.

(1) The disposition of this case imposing additional tax on the fact that a foreign corporation has failed to submit a statement of payment, since it has a duty to submit a statement of payment to a person who has paid stocks transfer proceeds, as well as in cases where capital gains have occurred due to transfer of domestic stocks, etc.

2018Du4476 Revocation of Disposition of Imposing Corporate Tax

AA

b Head of the Tax Office

Seoul High Court Decision 2017Nu69412 Decided 25, 2018

The appeal is dismissed.

The costs of appeal are assessed against the Plaintiff.

Examining the judgment below and the grounds of appeal, since it is apparent that the appellant’s ground of appeal falls under Article 4 of the Act on Special Cases Concerning the Procedure for Appeal, the appeal is dismissed under Article 5 of the above Act. It is so decided as per Disposition by the assent of all participating Justices.