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Article: Yomiuri Shimbun failed to declare 479 mil. yen in taxable income.
- Article from:
- Kyodo News International (Tokyo, Japan)
- Article date:
- April 29, 2007
CopyrightCOPYRIGHT 2007 Kyodo News International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apr. 29--TOKYO -- The Yomiuri Shimbun's Tokyo head office and the Yomiuri Shimbun group failed to declare about 479 million yen in taxable income in the five years to March 31, 2006, sources familiar with case said Sunday.
The Tokyo Regional Taxation Bureau ordered the nation's largest newspaper to pay some 175 million yen in back and punitive taxes, the sources said.
About 186 million yen in income was subject to the penalty tax in connection with accounting over a renewal of newspaper rotary presses owned by the daily's Tokyo head office, the sources said.
The Yomiuri Shimbun's Tokyo headquarters said it inadvertently posted a loss by ...