Komori
Heiwa Holdings (6412) · RiskFirst stated

Risk of Tax Reassessment Relating to an Absorption-Type Merger

First written in FY2019. . Latest entry: FY2019.

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Tax Reassessment Risk Related to Tax Treatment of an Absorption-Type MergerA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2019First statedAnnual report

    「Because the likelihood increased that the Tokyo Regional Taxation Bureau would reassess the tax treatment of an absorption-type merger between subsidiaries of our consolidated subsidiary Pacific Golf Management Co., Ltd., we estimated and recorded the currently expected corporate tax burden of ¥1,917 million as income taxes for prior periods.」

    The likelihood of a tax reassessment relating to the merger increased, and an estimated corporate tax burden of ¥1,917 million was recorded. The filing states that a formal reassessment notice had not yet been received.
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