Seoul High Court-2014-Nu-73083 ( December 02, 2015)

Cho High-2012-Seoul Government-3012 ( November 08, 2013)

Whether it is "other money credit business" as tax-free service under the Value-Added Tax Act or "investment brokerage business" not subject to tax-free exemption.

It constitutes an investment brokerage business that allows a customer to use an account to engage in futures or options transactions and to engage in transactions.

Article 11 of the Value-Added Tax Act

2016Du30743 Revocation of Disposition of Imposition of Value-Added Tax

AA Corporation

BB Director of the Tax Office

Seoul High Court Decision 2014Nu73083 Decided December 2, 2015

2016.04.12

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, but the grounds of appeal by the appellant 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. Thus, the appeal is dismissed pursuant to Article 5 of the same Act. It is so decided as per Disposition by the assent