Transfer Pricing Tax Investigation Concerning Transactions with Chinese Subsidiaries
First written in FY2018-Q4. 1 of 3 entries say "Restated". Latest entry: FY2019.
Ryohin Keikaku moved to the "Worse" side of this theme in 2019, 7 years before the typical company in this theme (2026).
1 other company's latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「As a result of a tax investigation based on transfer pricing regulations by the Tokyo Regional Taxation Bureau, the likelihood that the company will receive a reassessment has increased, and it has recognized the expected amount as corporate income taxes and other taxes for prior periods.」
The company recognized the expected reassessment amount related to the transfer pricing tax investigation as corporate income taxes and other taxes for prior periods, and the financial impact of the related tax risk was recognized. The amount recognized as corporate income taxes and other taxes for prior periods was ¥3.131 billion. - FY2019-Q1RestatedAnnual report
「The company is undergoing an investigation by the Tokyo Regional Taxation Bureau into transfer pricing taxation concerning transactions with its consolidated overseas subsidiary in China. The investigation is ongoing, and because it is currently difficult to reasonably estimate the impact on the Group's financial position and operating results, the impact of this matter has not been reflected in the consolidated financial statements.」
The Tokyo Regional Taxation Bureau's transfer pricing tax investigation into transactions with the Chinese subsidiary is ongoing, and the company continues to say that the impact cannot be reasonably estimated. - FY2018-Q4First statedAnnual report
「The company is undergoing an investigation by the Tokyo Regional Taxation Bureau into transfer pricing taxation concerning transactions with its consolidated overseas subsidiary in China. The investigation is ongoing, and because it is currently difficult to reasonably estimate the impact on the Group's financial position and operating results, the impact of this matter has not been reflected in the consolidated financial statements.」
The Tokyo Regional Taxation Bureau's transfer pricing tax investigation into transactions with the company's consolidated overseas subsidiary in China is ongoing, and the company says the impact cannot currently be reasonably estimated.