Apple Japan hit with $98 mln in back taxes- Nikkei
Apple Japan hit with $98 mln in back taxes- Nikkei
Apple Inc's Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices...




A patron seems at Apple's new iPhone XS after it went on sale at the Apple Store in Tokyo's Omotesando shopping district, Japan, September 21, 2018. REUTERS/Issei Kato

Dec 26 () - Apple Inc's (AAPL.O) Japan unit is being charged thirteen billion yen ($ninety seven.Eighty two million) in more taxes with the useful resource of Tokyo for bulk income of iPhoneS and exceptional Apple devices to distant places travelers that have been incorrectly exempted from the consumption tax, Nikkei said on Monday mentioning resources.

According to the newspaper, bulk purchases of iPhones via distant places buyers were determined at a few Apple shops with at the least one transaction involving an man or woman searching for masses of handsets immediately and the store ored taxing at the least one viable reseller.

Japan lets in tourists staying a great deal less than six months to buy devices without paying the ten% consumption tax, however the exemption does no longer follow to purchases for the reason of resale.

Apple Japan is idea to have filed an amended tax go back in step with Nikkei. The corporation did no longer respond to a ' request for touch upon the file.

The iPhone maker's Chief Executive Officer Tim Cook visited Japan in advance this month and added that the organisation had invested extra than $a hundred billion in its Japanese supply community over the past 5 years. examine greater

($1 = 132.9000 yen)

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