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Japanese tax department: SoftBank Group’s 37 billion yen in income has not been declared – yqqlm

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IT House News on January 24, according to Nikkei Asia, according to the investigation results of the Tokyo Local Taxation Bureau, in the two years ending March 31, 2021, SoftBank Group failed to declare approximately 37 billion yen (currently approximately 1.924 billion yen). million yuan) of corporate revenue.

SoftBank Group Corp. has overstated the transaction costs of merging its U.S. telecommunications company Sprint with another U.S. company, according to people familiar with the matter.

SoftBank Group said it submitted revised tax statements to Japanese authorities related to the understatement of 37 billion yen in corporate income.

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