@article{ART002349283},
author={PARK KEUNWOONG},
title={Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -},
journal={DONG-A LAW REVIEW},
issn={1225-3405},
year={2018},
number={79},
pages={181-207},
doi={10.31839/DALR.2018.05.79.181}
TY - JOUR
AU - PARK KEUNWOONG
TI - Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -
JO - DONG-A LAW REVIEW
PY - 2018
VL - null
IS - 79
PB - The Institute for Legal Studies Dong-A University
SP - 181
EP - 207
SN - 1225-3405
AB - Korean Supreme Court - 2016du58901 - clarified whether it is lawful or not to impose a Gift Tax on the basis of Substance over Form Rule of tax law in connection with the issue of Property Division between couples maintaining de Facto Marriage even after divorce.
The Supreme Court maintained the previous Judgement that the Effectiveness of Nonconsent Divorce is in Principle valid, unless there are exceptional Grounds. Therefore, as a Rule, it is assumed that the Division of Property on a valid divorce is not subject to Gift Tax Imposition. However in some cases - Division of Property is merely a means for avoiding Taxes such as Inheritance Tax and Donation tax, which is so excessive that it can not be said that division of such property is reasonable and the substance has special circumstances worth gifts and evaluation - Gift Tax may be imposed. But in such cases, only a Portion exceeding a considerable extent may be subject to Gift Tax.
In light of the special Nature of Division of Property - Liquidation and Dependency -, even if we make Judgments based on economic Realities, Division of Property should not be evaluated by Gift unless there are Circumstances that have been done beyond a considerable Range.
KW - Nonconsent Divorce;Division of Property Agreement;Gift Tax;Substance over Form Rule;2016Du58901
DO - 10.31839/DALR.2018.05.79.181
ER -
PARK KEUNWOONG. (2018). Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -. DONG-A LAW REVIEW, 79, 181-207.
PARK KEUNWOONG. 2018, "Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -", DONG-A LAW REVIEW, no.79, pp.181-207. Available from: doi:10.31839/DALR.2018.05.79.181
PARK KEUNWOONG "Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -" DONG-A LAW REVIEW 79 pp.181-207 (2018) : 181.
PARK KEUNWOONG. Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -. 2018; 79 : 181-207. Available from: doi:10.31839/DALR.2018.05.79.181
PARK KEUNWOONG. "Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -" DONG-A LAW REVIEW no.79(2018) : 181-207.doi: 10.31839/DALR.2018.05.79.181
PARK KEUNWOONG. Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -. DONG-A LAW REVIEW, 79, 181-207. doi: 10.31839/DALR.2018.05.79.181
PARK KEUNWOONG. Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -. DONG-A LAW REVIEW. 2018; 79 181-207. doi: 10.31839/DALR.2018.05.79.181
PARK KEUNWOONG. Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -. 2018; 79 : 181-207. Available from: doi:10.31839/DALR.2018.05.79.181
PARK KEUNWOONG. "Gift Tax due to Nonconsent Divorce and Division of Property Agreement - Supreme Court Decision 2016du58901 decided September, 2017 -" DONG-A LAW REVIEW no.79(2018) : 181-207.doi: 10.31839/DALR.2018.05.79.181
