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    Vikshita Vitthal Gujaran in Apple News

    27-Dec-2022 05:54 AM


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    Apple Japan To Pay $98 Million More In Taxes For Devices Sold To Tourists

    Bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores.
    According to the newspaper, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller.
    Apple Japan is believed to have filed an amended tax return according to Nikkei.
    The company did not respond to a Reuters' request for comment on the report.
    The iPhone maker's Chief Executive Officer Tim Cook visited Japan earlier this month and announced that the company had invested more than $100 billion in its Japanese supply network over the last five years.
    (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

    Source - https://www.ndtv.com/world-news/apple-japan-to-pay-98-million-more-in-taxes-for-devices-sold-to-tourists-3640634#pfrom=home-ndtv_topstories