• Kyodo

  • SHARE

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.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW