SoftBank under-reported income by $380 million

SoftBank Group Corp (9984.T) under-reported income to Japan’s tax authorities by around 40 billion yen ($380 million) in the financial year ended March 2019, a person with knowledge of the matter said, requiring the conglomerate to resubmit filings. The under-reported income was offset by losses recorded that year, the person said, meaning no additional tax […]

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