Tax dispute concerning consumption tax and other taxes for prior fiscal years
First written in FY2016. 2 of 5 entries say "Mitigated", first in FY2016. Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017AchievedAnnual report
「The decrease during the current fiscal year under “Other” for the provision for contingent losses represents a reversal resulting from a consumption-tax refund following acceptance of the National Tax Tribunal's ruling.」
Following the refund resulting from acceptance of the National Tax Tribunal's ruling, the provision for contingent losses had a zero balance, completing the accounting treatment related to the tax dispute. - FY2017-Q3RestatedAnnual report
「The company had filed a request for review with the National Tax Tribunal concerning a correction notice dated 27 April 2015 received from the Tokyo Regional Taxation Bureau. As it became entitled to receive a refund under the notice of the ruling dated 8 September 2016, it recorded consumption tax for prior fiscal years as non-operating income and reversed the provision for contingent losses related to this matter.」
The company has reaffirmed that, in connection with the tax dispute, it received a refund, recorded consumption tax for prior fiscal years, and reversed the provision for contingent losses. - FY2017-Q2RestatedAnnual report
「As the company became entitled to receive a refund under the notice of the ruling dated 8 September 2016, it recorded consumption tax for prior fiscal years as non-operating income and reversed the provision for contingent losses related to this matter.」
The company has reaffirmed that, in connection with the tax dispute, it received a refund, recorded consumption tax for prior fiscal years, and reversed the provision for contingent losses. - FY2017-Q1MitigatedAnnual report
「As the company became entitled to receive a refund under the notice of the ruling dated 8 September 2016, it recorded the refunded consumption tax and other amounts as non-operating income and reversed the provision for contingent losses related to this matter.」
The company received a refund based on the ruling in the tax dispute, recorded the refunded consumption tax and other amounts, and reversed the provision for contingent losses. - FY2016MitigatedAnnual report
「Under the ruling, ¥83.311 million, representing part of the correction assessments for consumption tax and local consumption tax for each taxable period and the additional tax assessments for underreporting, was cancelled, and the company decided to accept the ruling.」
The company states that, after a tax audit and correction assessments, ¥83.311 million was cancelled under a ruling by the National Tax Tribunal, which the company accepted.