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Taxes News - 100 assessed penalty taxes on unreported FX earnings (Daily Yomiuri Online)


 
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home > news 100 assessed penalty taxes on unreported FX earnings (Daily Yomiuri Online)

100 assessed penalty taxes on unreported FX earnings (Daily Yomiuri Online)




Tax authorities imposed penalty taxes on more than 100 individual investors during the six months to December 2006, for failing to report a total of about 2 billion yen in profits earned through foreign exchange (FX) margin trading, according to sources.


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