TITLE

Huge tax bill socks Sony

AUTHOR(S)
Schilling, Mark
PUB. DATE
July 2006
SOURCE
Daily Variety;7/5/2006, Vol. 292 Issue 1, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the tax billed by the Regional Taxation Bureau to Sony Corp. which is equivalent to $245 million in Tokyo, Japan. The charge that surprises much Sony included the profits earned by the company's subsidiary Sony Computer Entertainment during its April 1999 to March 2005 transactions. The two companies believe that the charge is a double taxation which is against to the bilateral treaties.
ACCESSION #
21460587

 

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