Seoul High Court 2015Nu50414 (Seoul High Court 2016.01.29)

(C) If the amount of rental income is omitted, it is legitimate to impose an unfair under-reported penalty tax.

The plaintiffs are deemed to have been merely a passive underreporting without the purpose of tax avoidance, by making the repair cost account for several years without any disbursement of the repair cost, including the fact that the expenses are included in the necessary expenses, and continuing to omit the lease revenue.

2016Du64066 The revocation of disposition imposing value-added tax, etc.

RedO et al. 1

O Head of the tax office and 2

Seoul High Court Decision 2015Nu50414 Decided January 29, 2016

All appeals are dismissed.

The costs of appeal are assessed against the plaintiffs.

Although the lower judgment was examined in light of the records of this case, it is recognized that the assertion on the grounds of appeal falls under Article 4 of the Act on Special Cases Concerning Procedure

Therefore, all appeals are dismissed pursuant to Article 5 of the above Act. It is so decided as per Disposition by the assent of all participating Justices on the bench.