Additional Taxation from International Taxation and Transfer Pricing
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2018: 3 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Although we pay close attention to international tax risks, including the applicable transfer pricing regulations in each country, additional taxation may ultimately arise due to differences in interpretation with the tax authorities and other factors.」
The risk of additional taxation arising from differences in interpretation with tax authorities regarding transfer pricing regulations and other matters in each country remains. - FY2019First statedAnnual report
「The operating companies comprising our group calculate their tax liabilities in accordance with the tax laws of each country and pay taxes appropriately. Although we pay close attention to international tax risks, including the applicable transfer pricing regulations in each country, additional taxation may ultimately arise due to differences in interpretation with the tax authorities and other factors.」
The possibility of additional taxation arising from differences in interpretation with tax authorities regarding transfer pricing regulations and other matters in each country is described as a standalone risk.