Sandra Brown 8/19/2020
Nissan is required to pay an additional $ 2.3 million in taxes for 2014-2019
Japanese automaker Nissan Motor is due to pay an additional 250 million yen ($ 2.3 million) in taxes from 2014 to 2019 due to the misappropriation of funds related to the former head of the company, Carlos Ghosn. This was reported on Thursday by the Yomiuri newspaper.
The tax authorities refused to allow Nissan to classify the 1 billion yens ($ 9.4 million) spent over that time period as a business-related expense and were therefore excluded from the tax-deductible. It is noted that we are talking about the costs of maintaining a Nissan aircraft, as well as rental housing in Tokyo and abroad. In particular, Ghosn used a corporate business jet for personal travel, which cost the company $ 4.4 million.