Apple’s Japan unit gets USD 105 million tax bill for bulk sale of iPhones to tourists
Tokyo: The Tokyo unit of US technology giant Apple has been slapped with USD 105 million (14 billion yen) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors, Kyodo News reported.
Citing a source close to the matter Kyodo News reported that the Tokyo Regional Taxation Bureau found Apple Japan’s approximately USD 1,04,16,84,000 (140 billion yen) tax-exempt sales for two years through September 2021 were made by fraudulent duty-free purchases to be resold for commercial purposes.