JAPAN: DaimlerChrysler forced in tax payment - FT
DaimlerChrysler (Japan) has been forced to pay an extra 5bn yen ($45.87m) in tax after failing to declare profits totalling 15bn yen -between 1995 and 1996 - to Japanese authorities, writes the UK's Financial Times (5/10/00). According to the newspaper, payment was demanded once the Tokyo Regional Taxation Bureau discovered DaimlerChrysler (Japan) had transferred profits to Germany - profits that should have been taxed in Japan.
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