Tokyo Tax Bureau Imposes Taxes On Amazon.com Japan Operations- Asahi
05 Juillet 2009 - 2:26AM
Dow Jones News
The Tokyo Regional Taxation Bureau told Amazon.com Inc.'s (AMZN)
affiliated company Amazon.com International Sales to pay back taxes
of $119 million, the Asahi Shimbun reported in its Sunday morning
edition.
Amazon's Japanese affiliates, called Amazon Japan and Amazon
Japan Logistics, are responsible for sales and logistics operations
in Japan while Japanese customers make contracts of purchasing
products with Amazon's affiliates in the U.S. Therefore those U.S.
companies booked sales in the U.S. from their business in
Japan.
But it seems that the tax bureau judged that an income report of
several tens of billion yen should have been submitted in Japan
because part of the company's headquarters operations functioned in
Japan for their business in the country, the newspaper
reported.
Amazon Japan said that the taxation is inappropriate and the
company is in talks with the authorities, the newspaper
reported.
-By Yoshio Takahashi, Dow Jones Newswires; 81-3-5255-2932;
Yoshio.Takahashi@dowjones.com