Chikushi's heirs hit for tax dodge

Kyodo -- The Tokyo Regional Taxation Bureau has concluded that the family of famed journalist Tetsuya Chikushi failed to declare about ¥70 million in taxable inheritance from him, sources said Thursday.

The bureau suspects the family attempted to conceal part of the sum and has imposed about ¥12 million in additional tax — including a penalty — on the family, they said.

The family has already revised its inheritance tax declaration, the sources said.

Chikushi died at the age of 73 in November 2008 after serving as a reporter and a magazine editor at the Asahi Shimbun Co. and as a newscaster for Tokyo Broadcasting System Inc.

The sources said the family failed to declare some ¥30 million in inheritance in Japan and ¥40 million left at an overseas bank account in proceeds from the sale of a New York property Chikushi bought when working as an Asahi Shimbun correspondent in the United States.

Tax Videos
Tax Rates
Tax News
Tax Articles
IRS Tax Forms
Historical Tax Rates
Global Average Tax Rates
Tax
Tax Rates

Tax > Tax News

previous
next
Tax

© 2009-2012 TaxRates.cc
2011 - 2012 Tax Rate Guide and Tax Help Website