![]() |
Internet Edition. July 6, 2009, Updated: Bangladesh Time 12:00 AM |
| Home | Daily Ittefaq | FORMICON | Tech News | Ebiz | Photos |
![]() |
Japan demands 119 million dlrs in tax from Amazon AFP, Tokyo Japanese authorities told a sales affiliate of US retail giant Amazon.com to pay about 119 million dollars in tax for unreported income over a three-year period, a newspaper said today. Amazon Japan and Amazon Japan Logistics are responsible for operations here but the income has been reported in the United States by the company's Seattle-based affiliate-Amazon.com International Sales, the Asahi Shimbun daily said. The Tokyo tax bureau reportedly judged that the company should have paid tax in Japan for the income made in the country during the three years to 2005, the daily said. Amazon has asked for the case to be negotiated between the Japanese and US tax authorities, saying the taxation was "inappropriate", the Asahi said. Neither the tax authorities nor Amazon Japan were immediately available for comment.
Do you like the new site? Do you have any improvement suggestion? Please drop us a line. |
|
| Privacy Policy | Feedback | Contact Us |