Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

Apple’s Japanese unit to pay $98 million in taxes for overlooking abuses of rules covering duty-free purchases

Tokyo authorities have charged Apple's Japanese unit 13 billion yen ($98 million) in additional taxes for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, a report by Nikkei Asia stated.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Apple’s Japanese unit to pay $98 million in taxes for overlooking abuses of rules covering duty-free purchases
Photo by Medhat Dawoud / Unsplash

Tokyo authorities have charged Apple's Japanese unit 13 billion yen ($98 million) in additional taxes for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, a report by Nikkei Asia stated.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More