• Kyodo


Suzuki Motor Corp. was found by tax authorities to have concealed around ¥300 million in income over two years through March 2015, sources close to the matter said Tuesday.

The automaker failed to declare ¥1.2 billion partly due to accounting errors and has been levied around ¥450 million in back taxes, including a heavy penalty tax, the sources said, saying the total is an estimate.

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