Breaking News

ASUS Announces WiFi 8 Router DJI Launches Osmo 360 II Razer introduces Clio X Wireless Speaker Head Cushion That Delivers THX Spatial Audio LiberNovo Showcases Ergonomic Innovation at IFA 2026 with Maxis Series for Big And Tall Users TIMEKETTLE UNVEILS NEW W4 PLUS AI INTERPRETER EARBUDS EXPANDING REAL-TIME TRANSLATION ACROSS CALLS, MEETINGS AND MULTIMEDIA CONTENT

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Sony Ordered to Pay 4.5 bln in Taxes to Japan

Sony Ordered to Pay 4.5 bln in Taxes to Japan

Enterprise & IT Jun 29,2005 0

Sony Corp said on Wednesday it had been ordered to pay 4.5 billion yen ($41 million) in additional taxes to Japanese authorities, but it had no plans to change its earnings forecast. Multinationals often have disputes with local governments as to where they should pay taxes on their international business transactions.

Sony said it was ordered to pay more tax in Japan for its CD and DVD disc businesses in the United States, Britain, Canada and four other countries between 1998 and 2002, instead of paying to the countries where its affiliates are based.

Sony will pay the 4.5 billion yen to the Japanese tax authorities, but it will ask the Japanese government to help it recover the taxes it paid to the other countries in order to avoid double taxation, a company spokeswoman said.

Sony expects to post 80 billion yen in consolidated net profit in the year to March 2006.

Tags: Sony
Previous Post
Mercury and IBM Develop First Cell-Powered System
Next Post
Sanyo Epson LCD Says to Beat Sales Target

Related Posts

  • Sony Expands its ULT POWER SOUND series Lineup with 3 New Bass-Powered Speakers

  • Sony Launches ‘FE 100-400MM F5.6-8 OSS

  • Sony Launches FX5 Camera

  • Sony announces RX10V

  • Sony Semiconductor Solutions to Release Advanced 1/2-type CMOS Sensor for Mobile Applications

  • Sony Expands Professional Display Lineup with Crystal LED UNIFY

  • Sony Introduces BRAVIA 9 II and BRAVIA 7 II RGB TVs and the BRAVIA Theatre Trio

  • Swit NP-FZ100 Battery

Latest News

ASUS Announces WiFi 8 Router
Enterprise & IT

ASUS Announces WiFi 8 Router

DJI Launches Osmo 360 II
Cameras

DJI Launches Osmo 360 II

Razer introduces Clio X Wireless Speaker Head Cushion That Delivers THX Spatial Audio
Consumer Electronics

Razer introduces Clio X Wireless Speaker Head Cushion That Delivers THX Spatial Audio

LiberNovo Showcases Ergonomic Innovation at IFA 2026 with Maxis Series for Big And Tall Users
Consumer Electronics

LiberNovo Showcases Ergonomic Innovation at IFA 2026 with Maxis Series for Big And Tall Users

TIMEKETTLE UNVEILS NEW W4 PLUS AI INTERPRETER EARBUDS EXPANDING REAL-TIME TRANSLATION ACROSS CALLS, MEETINGS AND MULTIMEDIA CONTENT
Enterprise & IT

TIMEKETTLE UNVEILS NEW W4 PLUS AI INTERPRETER EARBUDS EXPANDING REAL-TIME TRANSLATION ACROSS CALLS, MEETINGS AND MULTIMEDIA CONTENT

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

SoundPeats C30

SoundPeats C30

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed