Malsophan City Ltd. (Attorney White-gu et al., Counsel for the defendant-appellant)

Head of Seodaemun Tax Office

November 8, 2011

Seoul Administrative Court Decision 2009Guhap37982, 2010Guhap45873 (merged) Decided June 10, 2011

1. The defendant's appeal is dismissed.

2. The costs of appeal shall be borne by the Defendant.

1. Purport of claim

(1) The Defendant imposed corporate tax of KRW 144,351,540 on the Plaintiff on March 16, 2005; (2) imposed corporate tax of KRW 332,601,870 on March 28, 2006; (3) imposed corporate tax of KRW 2,212,420,00 on June 1, 2006; and (1,468,604,640 on corporate tax of KRW 1,640 on the business year of 2002, respectively.

2. Purport of appeal

The judgment of the first instance is revoked. The plaintiff's claim is dismissed.

The court's explanation on the instant case is identical to the part of the reasoning of the judgment of the court of first instance, and thus, citing it as it is by Article 8 (2) of the Administrative Litigation Act and Article 420 of the Civil Procedure Act.

Therefore, the judgment of the first instance court is legitimate, and the defendant's appeal is dismissed as it is without merit. It is so decided as per Disposition.

Judges Kim Chang-suk (Presiding Justice)