순자산가액 평가방법(경정)

Q: 순자산가액 평가방법(경정)

유상증자시 1주당평가액은 상속세법시행령 제5조 제1항의 규정을 적용하여 평가함이 타당하다고 판단됨

이유

1. 원처분의 개요 청구인이 청구외 OO금속주식회사(경기도 양주군 회천읍 OO리 OOOOO 소재)의 유상증자(비상장주식임)시 실권주를 취득한 데 대하여 처분청은 청구인이 청구인 지분을 초과하여 취득한 실권주중 특수관계인간 포기주식수를 아래와 같이 산출하여 이를 청구인이 모두 인수한 것으로 보는 한편, 순자산 가액평가시 토지·건물 등 고정자산은 채권최고액으로 평가하여 1주당 가액을 산정하고, 91.3.18 자로 청구인에게 91수시분 증여세 15,816,400원 및 동 방위세 2,875,170원을 결정고지하였다.

청구인은 이에 불복하여 91.10.2 심사청구를 거쳐 91.12.19 심판청구를 제기하였다 아 래 단위 : 원, 주 <table border="1" cellpadding="0" cellspacing="0"> <tr> <td height="53" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 유 상 증 자 시 기 </td> <td height="53" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 86.10.16 </td> <td height="53" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 86.11.13 </td> </tr> <tr> <td height="53" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (부 과 시 기) </td> <td height="53" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (87.3.28) </td> <td height="53" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (87.3.28) </td> </tr> <tr> <td height="53" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 총 실 권 주 </td> <td height="53" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 29,000 </td> <td height="53" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 13,400 </td> </tr> <tr> <td height="86" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 청구인 총 초과취득주 (특수관계인 포기주식 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 수→(A) </td> <td height="86" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 10,000 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (13,600) </td> <td height="86" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 6,664 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (1,732) </td> </tr> <tr> <td height="52" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 1주당 평가액 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> →(B) </td> <td height="52" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 8,507 </td> <td height="52" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 7,112 </td> </tr></table><table border="1" cellpadding="0" cellspacing="0"> <tr> <td height="60" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 1주당 청구인 납입 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 금액→ (C) </td> <td height="60" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 5,000 </td> <td height="60" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 5,000 </td> </tr> <tr> <td height="49" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (B) - (C) = (D) </td> <td height="49" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 3,507 </td> <td height="49" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 2,112 </td> </tr> <tr> <td height="82" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 수증가액(A × D) </td> <td height="82" valign="middle" width="148"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 35,070,000 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (10,000주로 계산) </td> <td height="82" valign="middle" width="163"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 3,657,984 </td> </tr> <tr> <td height="60" valign="middle" width="205"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 증 여 세 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> (방 위 세) </td> <td colspan="2" height="60" valign="middle" width="311"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 15,816,400 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 2,875,170 </td> </tr></table>2. 청구주장 및 국세청장 의견 가.

청구주장 1) 각 유상증자시 청구인이 초과취득한 주식수가 총실권주식수보다 적은 경우 청구인이 인수한 특수관계자의 실권주식수는 상속세법기본통칙 109.... 34의4(신주인수권 포기에 따른 증여세 과세가액계산) 제1항의 규정에 의거

2. 청구주장 및 국세청장 의견 가. 청구주장 1) 각 유상증자시 청구인이 초과취득한 주식수가 총실권주식수보다 적은 경우 청구인이 인수한 특수관계자의 실권주식수는 상속세법기본통칙 109.... 34의4(신주인수권 포기에 따른 증여세 과세가액계산) 제1항의 규정에 의거<img src="/LSA/flDownload.do?flSeq=146678659"></img>로 계산해야 되고 2) 증여세 과세시기는 유상증자 시기다. 3) 1주당 평가액 산정방법은 아래와 같이 하여야 한다는 주장이다.

<table border="1" cellpadding="0" cellspacing="0"> <tr> <td height="39" valign="middle" width="107"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 유상증자일 </td> <td height="39" valign="middle" width="228"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 순 자 산 가 액 </td> <td height="39" valign="middle" width="266"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 주 장 논 지 </td> </tr> <tr> <td height="145" valign="top" width="107"> 86.10.16 86.11.13 </td> <td height="145" valign="top" width="228"> 86.9말 B/S상 순자산가액 86.10말?????? 〃 </td> <td height="145" valign="top" width="266"> - 당심의 선결정례를 이유로 - 비상장 주식을 평가함에 있어서는 상속세법시행령 제5조 제1항에 의해서만 평가 </td> </tr></table>나.

국세청장 의견 1) 90.12.31 개정되기전 상속세법 제34조의4 및 동법시행령 제41조의3 에 의하면, 신주인수권을 포기한 주주등과 특수관계에 있는 자가 그의 지분비율을 초과하여 신주를 배정받은 경우를 증여세 과세대상으로 규정하고 있으므로 증여세 과세대상이 아니라는 청구주장은 받아들일 수 없다고 할 것이며, 특수관계자로부터 증여받은 신주인수권의 주식수량을 보면, 아래와 같은 바, 청구인이 인수한 주식총계 16,664주는 특수관계자인 청구외 OOO등이 포기한 실권주 15,332주를 초과하여 인수하였으므로, 특수관계자들의 포기주식을 청구인이 전량 인수하였다고 본 처분은 타당성이 있다.

아 래 <table border="1" cellpadding="0" cellspacing="0"> <tr> <td height="60" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 유상증자시기 </td> <td height="60" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 총실권주 </td> <td colspan="7" height="60" valign="middle" width="204"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 실권주인수자 </td> <td colspan="5" height="60" valign="middle" width="202"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 실권주중 특수관계인의 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 주식수 </td> </tr> <tr> <td height="30" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 86.10.16 </td> <td height="30" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 29,000 </td> <td height="30" valign="middle" width="96"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 청구인 </td> <td colspan="2" height="30" valign="middle" width="20"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="63"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 10,000 </td> <td colspan="2" height="30" valign="middle" width="25"> </td> <td height="30" valign="middle" width="94"> OOO </td> <td height="30" valign="middle" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="middle" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 200 </td> <td colspan="2" height="30" valign="middle" width="26"> </td> </tr> <tr> <td height="30" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="96"> OOO </td> <td colspan="2" height="30" valign="middle" width="20"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="63"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 9,000 </td> <td colspan="2" height="30" valign="middle" width="25"> </td> <td height="30" valign="middle" width="94"> OOO </td> <td height="30" valign="middle" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="middle" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 200 </td> <td colspan="2" height="30" valign="middle" width="26"> </td> </tr> <tr> <td height="30" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="96"> OOO </td> <td colspan="2" height="30" valign="middle" width="20"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="63"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 10,000 </td> <td colspan="2" height="30" valign="middle" width="25"> </td> <td height="30" valign="middle" width="94"> OOO </td> <td height="30" valign="middle" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="middle" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 2,200 </td> <td colspan="2" height="30" valign="middle" width="26"> </td> </tr> <tr> <td height="30" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="96"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 소? 계 </td> <td colspan="2" height="30" valign="middle" width="20"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="63"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 29,000 </td> <td colspan="2" height="30" valign="middle" width="25"> </td> <td height="30" valign="middle" width="94"> OOO </td> <td height="30" valign="middle" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="middle" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 11,000 </td> <td colspan="2" height="30" valign="middle" width="26"> </td> </tr> <tr> <td height="30" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="30" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td colspan="7" height="30" valign="middle" width="204"> </td> <td height="30" valign="top" width="94"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 소? 계 </td> <td height="30" valign="top" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="top" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 13,600 </td> <td colspan="2" height="30" valign="top" width="26"> </td> </tr> <tr> <td height="121" rowspan="4" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 86.11.13 </td> <td height="121" rowspan="4" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 13,400 </td> <td colspan="2" height="30" valign="middle" width="98"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 청구인 </td> <td colspan="2" height="30" valign="middle" width="19"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="62"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 6,664 </td> <td height="30" valign="middle" width="25"> </td> <td height="30" valign="top" width="94"> OOO </td> <td height="30" valign="top" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="top" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 132 </td> <td colspan="2" height="30" valign="top" width="26"> </td> </tr> <tr> <td colspan="2" height="30" valign="middle" width="98"> OOO </td> <td colspan="2" height="30" valign="middle" width="19"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="62"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 2,666 </td> <td height="30" valign="middle" width="25"> </td> <td height="30" valign="top" width="94"> OOO </td> <td height="30" valign="top" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="top" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 132 </td> <td colspan="2" height="30" valign="top" width="26"> </td> </tr> <tr> <td colspan="2" height="30" valign="middle" width="98"> OOO </td> <td colspan="2" height="30" valign="middle" width="19"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="62"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 4,010 </td> <td height="30" valign="middle" width="25"> </td> <td height="30" valign="top" width="94"> OOO </td> <td height="30" valign="top" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="top" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 1,468 </td> <td colspan="2" height="30" valign="top" width="26"> </td> </tr> <tr> <td colspan="2" height="30" valign="middle" width="98"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 소? 계 </td> <td colspan="2" height="30" valign="middle" width="19"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td colspan="2" height="30" valign="middle" width="62"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 13,400 </td> <td height="30" valign="middle" width="25"> </td> <td height="30" valign="top" width="94"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 소? 계 </td> <td height="30" valign="top" width="18"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> : </td> <td height="30" valign="top" width="64"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 1,732 </td> <td colspan="2" height="30" valign="top" width="26"> </td> </tr> <tr> <td height="56" valign="middle" width="126"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 합? 계 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td height="56" valign="middle" width="95"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 42,400 <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> </td> <td colspan="7" height="56" valign="middle" width="204"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 청구인?? :? 16,664 OOO등 25,736 </td> <td colspan="4" height="56" valign="middle" width="177"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 15,332 </td> <td height="56" valign="middle" width="25"> </td> </tr></table>2) 청구인은 증여일을 기준으로 주식평가하여야 한다고 주장하면서도 각 증자시점의 재무제표등 거증을 제시하지 아니하고 있어 청구주장 받아 들이기 어렵다 할 것이며, 3) 상속세법 제9조 제4항 및 상속세법시행령 제41조의3 에 따라 동법시행령 제5조 내지 제7조의 규정에 의한 가액에 따라 평가한 당초처분은 잘못이 없다는 의견이다.

5. 심리 및 판단 가. 쟁점 <table border="1" cellpadding="0" cellspacing="0"> <tr> <td height="26" valign="middle" width="22"> </td> <td height="26" valign="middle" width="178"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 구?? 분 </td> <td height="26" valign="middle" width="155"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 처? 분? 청 </td> <td colspan="3" height="26" valign="middle" width="280"> <p class='style-name:"바탕글"; margin-left:0.0pt; margin-right:0.0pt; margin-top:0.0pt; margin-bottom:0.0pt; text-align:justify; text-indent:0.0pt; line-height:160%; font-size:10.0pt; font-family:새굴림; letter-spacing:0.0pt; font-weight:"normal"; font-style:"normal"; color:#000000;'> 청??? 구??? 인 </td> </tr> <tr> <td height="375" rowspan="14" valign="top" width="22"> ① </td> <td height="375" rowspan="14" valign="top" width="178"> 특수관계인의 포기 주식 인수 산정방법 </td> <td height="27" valign="top" width="155"> 86.10.16 유상증 </td> <td colspan="3" height="27" valign="top" width="280"> 유상증자시 총실권주중 청구인 </td> </tr> <tr> <td height="27" valign="top" width="155"> 자분 ⇒ </td> <td colspan="3" height="27" valign="top" width="280"> </td> </tr> <tr> <td height="27" valign="top" width="155"> 10,000주로 계산 </td> <td colspan="3" height="27" valign="top" width="280"> 이 일부 인수하였으므로 청구 </td> </tr> <tr> <td height="27" valign="top" width="155"> </td> <td colspan="3" height="27" valign="top" width="280"> </td> </tr> <tr> <td height="27" valign="top" width="155"> </td> <td colspan="3" height="27" valign="top" width="280"> 인이 인수한 특수관계자의 실 </td> </tr> <tr> <td height="27" valign="top" width="155"> 86.11.13 유상증 </td> <td colspan="3" height="27" valign="top" width="280"> </td> </tr> <tr> <td height="27" valign="top" width="155"> 자분 ⇒ 특수관계 </td> <td colspan="3" height="27" valign="top" width="280"> 권주는 </td> </tr> <tr> <td height="27" valign="top" width="155"> 인 포기주식수 </td> <td colspan="3" height="27" valign="top" width="280"> </td> </tr> <tr> <td height="27" valign="top" width="155"> 전부(1,732주)로 </td> <td colspan="3" height="27" valign="top" width="280"> [청구인 총 초과취득주식수 </td> </tr> <tr> <td height="27" valign="top" width="155"> 계산 </td> <td colspan="3" height="27" valign="top" width="280"> </td> </tr> <tr> <td height="27" valign="top" width="155"> </td> <td height="54" rowspan="2" valign="middle" width="23"> × </td> <td height="27" valign="top" width="223"> 특수관계인 포기주식수 </td> <td height="54" rowspan="2" valign="middle" width="35"> ] </td> </tr> <tr> <td height="27" valign="top" width="155"> </td> <td height="27" valign="middle" width="223"> 총 실권주 </td> </tr> <tr> <td height="27" valign="top" width="155"> </td> <td colspan="3" height="27" valign="middle" width="280"> </td> </tr> <tr> <td height="27" valign="top" width="155"> </td> <td colspan="3" height="27" valign="top" width="280"> 로 계산 </td> </tr> <tr> <td height="66" valign="top" width="22"> ② </td> <td height="66" valign="top" width="178"> 과세시점 </td> <td height="66" valign="top" width="155"> 부과시기(법인세 결산신고일) </td> <td colspan="3" height="66" valign="top" width="280"> 유상증자시기 </td> </tr> <tr> <td height="63" valign="top" width="22"> ③ </td> <td height="63" valign="top" width="178"> 순자산가액 평가 방법 </td> <td height="63" valign="top" width="155"> 채권최고액으로 순자산가액 평가 </td> <td colspan="3" height="63" valign="top" width="280"> <a class="lawjomun_link" href="#here9" onclick="javascript:lawJomunHistoryPopup_content_new('상속세법시행령제5조', '', '', '1992부0119', '19920501', '1'); return false;" title="상속세법시행령제5조 새창 열림"> 상속세법시행령 제5조 </a> <a name="here9"> </a> 제1항에 의해서만 평가 </td> </tr></table>나.

쟁점①에 대하여 본다. 처분청은 86.10.16 유상증자시 총실권주 29,000주(이중 특수관계인간 포기주식수는 13,600주임)를 청구인이 10,000주를 인수하였고(나머지 19,000주는 청구외 OOO과 OOO이 각각 9,000주와 10,000주를 인수) 86.11.13 유상증자시 총실권주 13,400주(이중 특수관계인간 포기주식수는 1,732주임)는 청구인이 6,664주를 인수하고 나머지 6,736주중 2,666주는 역시 특수관계인인 청구외 OOO이 인수하였음에도 특수관계인간 포기주식수를 86.10.16 유상증자시에는 10,000주, 86.11.13 유상증자시에는 특수관계인간 포기주식수 (1,732주) 전부를 청구인이 인수한 것으로 보았으나, 첫째, 86.11.13 자 유상증자시 특수관계인간 포기주식 1,732주를 특수관계인인 청구인이 전량 인수했다고 볼 만한 거증이 없고, 둘째, 청구인이 인수한 실권주는 어느 특정인의 실권주를 인수한 것이 아니라 총실권주중 일부를 인수한 것이라고 할 것이고 특수관계인이 포기한 실권주 또한 청구인이 모두 인수하였다고 볼 수 없으므로 청구인이 인수한 특수관계자의 실권주는

나. 쟁점①에 대하여 본다. 처분청은 86.10.16 유상증자시 총실권주 29,000주(이중 특수관계인간 포기주식수는 13,600주임)를 청구인이 10,000주를 인수하였고(나머지 19,000주는 청구외 OOO과 OOO이 각각 9,000주와 10,000주를 인수) 86.11.13 유상증자시 총실권주 13,400주(이중 특수관계인간 포기주식수는 1,732주임)는 청구인이 6,664주를 인수하고 나머지 6,736주중 2,666주는 역시 특수관계인인 청구외 OOO이 인수하였음에도 특수관계인간 포기주식수를 86.10.16 유상증자시에는 10,000주, 86.11.13 유상증자시에는 특수관계인간 포기주식수 (1,732주) 전부를 청구인이 인수한 것으로 보았으나, 첫째, 86.11.13 자 유상증자시 특수관계인간 포기주식 1,732주를 특수관계인인 청구인이 전량 인수했다고 볼 만한 거증이 없고, 둘째, 청구인이 인수한 실권주는 어느 특정인의 실권주를 인수한 것이 아니라 총실권주중 일부를 인수한 것이라고 할 것이고 특수관계인이 포기한 실권주 또한 청구인이 모두 인수하였다고 볼 수 없으므로 청구인이 인수한 특수관계자의 실권주는<img src="/LSA/flDownload.do?flSeq=146678661"></img>로 계산함이 타당하다고 판단된다.(상속세법기본통칙 109...34의4 제1항 동지) 다.

쟁점②에 대하여 본다. 첫째, 증여세에 준용되는 상속세법 제34조의4 에서는 특수관계에 있는자로부터 현저히 저렴한 대가로 「대통령령이 정하는 이익」을 받은자는 당해이익을 받은 때에 그 이익에 상당하는 금액을 증여받은 것으로 본다고 규정(증여의제)하고 있을 뿐만 아니라 증여세 신고가 없는 경우 부과당시의 가액으로 주식을 평가한다고 적극적으로 규정하고 있지 아니하고 있고, 둘째, 「대통령령 정하는 이익은 상속세법시행령 제41조의4 의 규정에서 「초과하여 배정받은 신주의 납입금액과 증여일의 현황을 기준으로 상속세법시행령 제5조 내지 제7조의 규정에 의하여 평가한 가액과의 차액」으로 한다고 명문으로 규정(88.12.31 개정)한 점, 셋째, 이 건 과세표준은 주식의 시가와 주식의 인수가액(납입금액)과의 차액이 되고 동 차액은 증여당시에 확정되어 현금으로 표시되며 상속세법 제5조 제5항 「다」목에서 재산가액은 상속개시일 현재의 재산을 이 령이 정하는 바에 의하여 평가한 가액에서 부채를 공제한 것으로 한다고 규정하고 있는 점 등을 종합하여 볼 때, 비상장주식의 1주당 평가액 산식에서 당해법인의 「순자산가액」은 유상증자 시점의 재산평가액에서 부채를 공제한 가액이라고 판단된다.

(국심90서1924외 다수 동지) 라. 쟁점 ③에 대하여 본다. 증여세에 준용되는 상속세법 제9조 제1항, 제2항, 제4항, 동법시행령 제5조 제1항, 제5조의2를 종합하여 보면, 상속재산의 가액평가는 상속개시당시의 현황에 의하되(제9조 제1항)동 제2항에서 신고를 하지 아니하거나 신고에서 누락된 상속재산의 가액은 제1항의 규정에 불구하고 상속세 부과당시의 가액으로 평가(88.12.26 개정된 세법에서는 제1항의 규정에서 평가한 가액과 부과당시의 평가액중 큰 금액으로 평가)하도록 규정하고 있고, 동 제4항 및 동법시행령 제5조의2 (81.12.31 신설)에서는 저당권 또는 질권이 설정된 재산 등은 상속세법 제9조 제1항의 규정에 불구하고 당해자산이 담보하는 채권의 최고액과 상속세법 제9조 제1항 또는 제2항의 규정에 의한 가액중 큰 금액을 그 재산의 가액으로 평가하도록 규정하고 있다.

한편, 상속세법시행령 제41조의3 규정을 보면, 「대통령령이 정하는 이익」을 79.12.31 신설시에는 「초과하여 배정받은 신주의 납입금액과 상속세법시행령 제5조 제1항의 규정에 의한 가액과의 차액」으로 규정하였다가 86.12.31 개정시 「초과하여 배정받은 신주의 납입금액과 상속세법시행령 제5조 내지 제7조의 규정에 의하여 평가한 가액과의 차액」으로 규정하였으므로, 비상장주식을 평가함에 있어서 적용할 법조는 동 부칙의 규정에 의거 87.1.1부터 최초로 상속이 개시되거나 증여하는 것은 상속세법시행령 제5조의2 규정을 적용할 수 있고, 87.1.1 이전에 상속이 개시되거나 증여되는 것은 상속세법시행령 제5조의2 규정을 적용할 수 없다고 할 것이다.(대법원 87누943, 89.2.28 동지) 따라서 86.10.16 및 86.11.13 유상증자시 1주당평가액은 상속세법시행령 제5조 제1항의 규정을 적용하여 평가함이 타당하다고 판단된다.

마. 이 건 심판청구는 청구인의 주장이 이유있다고 인정되므로 국세기본법 제81조 및 제65조 제1항 제3호의 규정에 의하여 주문과 같이 결정한다.

순자산가액 평가방법(경정)

핵심 요약

이유

주문

관련법령