Plaintiff (Attorney Kim Jong-jin, Counsel for the plaintiff-appellant)

Head of Seocho Tax Office

January 22, 2008

Seoul Administrative Court Decision 2006Gudan8177 decided July 13, 2007

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 shall revoke the disposition of imposition of capital gains tax of KRW 95,654,980 for the plaintiff on November 3, 2005, which reverts to the plaintiff on November 3, 2005.

This court's reasoning is the same as the statement in the column of the judgment of the court of first instance, and therefore, it refers to Article 8 of the Administrative Litigation Act and Article 420 of the Civil Procedure Act.

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

Judges Cho Jong-ok (Presiding Judge)