Tokyo Tax Bureau Seizes H.K. Firm's Assets for Delinquency

Politics Lifestyle

Tokyo, Nov. 21 (Jiji Press)--The Tokyo Regional Taxation Bureau has seized assets of a Hong Kong game app provider, alleging its failure to pay about 450 million yen in consumption taxes, informed sources said Thursday.

The seized assets are money the Hong Kong company was to receive from a Japanese arm of U.S. technology giant Apple Inc., according to the sources.

The Hong Kong company has provided smartphone game apps including via the Japanese unit, iTunes K.K., and collected user fees.

Fees for online game, music and other services provided from overseas to users in Japan are subject to the country's consumption tax, which was raised to 10 pct from 8 pct last month.

The bureau found through tax investigations that the Hong Kong company, called Flyingbird Technology, had not paid consumption taxes.

[Copyright The Jiji Press, Ltd.]

Jiji Press