• Kyodo


Nissan Motor Co. has been ordered to pay some ¥250 million ($2.4 million) in tax penalties in connection with alleged misuse of funds by the Japanese automaker while managed by former boss Carlos Ghosn, sources familiar with the matter said Wednesday.

Taxation authorities in Japan have concluded that Nissan failed to declare around ¥1 billion in taxable income over five business years through March 2019, with the company given around ¥250 million in tax penalties, sources said.

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.