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Back taxes of 17.8 billion yen to be imposed on Alico Japan.

Publication: Japan Weekly Monitor
Publication Date: 17-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Aug. 16 Kyodo

Tokyo tax authorities are expected to impose back taxes of about 17.8 billion yen on life insurer Alico Japan for its failure to declare corporate taxes when valuing foreign currency-denominated assets, sources familiar with the matter said Sunday.

The Tokyo-based insurer affiliated with American International...

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