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Tax authorities appeal revocation of bank loan taxation.

Publication: Japan Weekly Monitor
Publication Date: 04-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OSAKA, June 1 Kyodo

Tax authorities on Friday appealed a ruling that revoked their imposition of 300 million yen in additional taxes and penalties on Sumitomo Bank in connection with loans it extended to foreign firms.

The May 18 ruling by the Osaka District Court stated that the taxation...

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