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7/3/2006

Sony to Backpay $243M to Japanese Government

Ouch.

The Japanese Government has ordered Sony to pay an extra “27.9 billion yen ($243 million) in taxes related to transactions between its game unit and a U.S. subsidiary, and overseas transactions in its CD and DVD-making operations”.

Sony have had a few occasions where they’ve been told to cough up. Most notably would be when the British courts rejected Sony’s claim that the PS2 was a home computer, and therefore exempt from the EU’s entertainment tax.

Backpaying tax, paing the EU’s entertainment tax, then paying the court costs when Sony was fighting this all…It’s quite a big chunk of cash that Sony stands to lose. What will get affected by this?

Linked via Kotaku.

Posted by Chidade in Sony |


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