TOKYO, Dec 27 (Reuters) – Apple Inc's (AAPL.O) Japan unit is being charged 13 billion yen ($98 million) in extra taxes for bulk gross sales of iPhones and different Apple units to overseas vacationers that had been incorrectly exempted from the consumption tax, the Nikkei newspaper mentioned.
Citing unidentified sources, the Nikkei reported on Tuesday that bulk purchases of iPhones by overseas customers had been found at some Apple shops with a minimum of one transaction involving a person shopping for tons of of handsets without delay.
Japan permits vacationers staying lower than six months to purchase gadgets with out paying the ten% consumption tax, however the exemption doesn't apply to purchases for the aim of resale.
Apple Japan is believed to have filed an amended tax return, in line with Nikkei.
In response to a Reuters' request for remark, the corporate solely mentioned in an emailed message that tax-exempt purchases had been at present unavailable at its shops. The Tokyo Regional Taxation Bureau declined to remark.
The iPhone maker's Chief Govt Officer Tim Cook dinner visited Japan earlier this month and introduced that the corporate had invested greater than $100 billion in its Japanese provide community over the past 5 years. learn extra
($1 = 132.9000 yen)
Reporting by Akanksha Khushi in Bengaluru, Kiyoshi Takenaka in Tokyo; Enhancing by Chizu Nomiyama and Kenneth Maxwell
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