AKB48 Management AKS investigated by National Tax Agency for under-reporting expenditures

1 Sep

According to NikkanSports, idol group AKB48,SKE48 management AKS was investigated by National Tax Agency for failing to report expenditures on the members’ housing rent etc. The total amount of unreported expenditure within 3 years(up till November 2014) is ~410million yen(about USD$3.4m).

This is not intentional concealment, but a “difference in perspectives”, said AKS in an interview, adding that they have reported the taxes “properly” after that.

The tax agency says that AKS reported the members’ rental expenditures as contribution(like a gift?) instead of expenditure.The penalty amount plus additional taxes due is ~100million yen and this has already been paid.

Other accounting errors were also pointed out.

Source

3 Responses to “AKB48 Management AKS investigated by National Tax Agency for under-reporting expenditures”

  1. anon September 1, 2015 at 5:22 am #

    I can’t imagine how must be AKS accounting with so many things this company manage. But it wasn’t so bad, I mean there is nothing illegal going on or something like that.Thanks for translating this kind of article, I don’t think I’d find this anywhere else.

    • allthingsjpop September 1, 2015 at 7:07 am #

      This article just came up hours ago so i suppose it’ll take time to appear elsewhere. There is something fishy about the housing rent handling but since they paid up i think i’ll stop here.

  2. Denny Sinnoh September 1, 2015 at 7:08 am #

    I hope that they work this out. I don’t think the girls will do well in prison …

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: