Seoul High Court 2013Nu49670 ( October 24, 2014)

Seocho 2012west 3317 ( November 19, 2012)

(D) If the content of shares applied to a sale case is different from that of the shares, it shall not be applied [state plaque]

(2) The disposition of this case, which applied the example of transaction example, was unlawful since there was a claim for conversion, and the shares of this case were traded in the form of a reserved claim for conversion.

Article 60 (Principles of Evaluation of Inheritance Tax and Gift Tax)

Article 63 (Appraisal of Securities, etc.)

2014Du45031

○○ et al.

Head of Seocho Tax Office et al.

Seoul High Court Decision 2013Nu49670 Decided October 24, 2014

February 26, 2015

All appeals are dismissed.

The costs of appeal are assessed against the Defendants.

The lower judgment and the appellate brief all of the records of this case were examined, but the appellant’s grounds of appeal are examined.

The argument about the appeal procedure does not include the reasons prescribed in the subparagraphs of Article 4(1) of the Act on Special Cases concerning the Procedure of Appeal.

Since it is deemed that there is no reason or reason, all appeals are dismissed pursuant to Article 5 of the same Act.

It is so decided as per Disposition by the assent of all participating Justices on the bench.