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back to article NEC escapes after 10 BILLION YEN tax conundrum

Ailing Japanese computing giant NEC has been accused by domestic tax authorities of avoiding tax to the tune of over 10 billion yen (£80.2m), although it managed to escape punishment due to its poor financial health. The Tokyo Regional Taxation Bureau argued that NEC had orchestrated the cover-up over a three year period ending …

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Devil

"taxable entertainment expense" to the tune of 80mio GBP. That's a lot of entertainment !

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