TOKYO: Japan’s top banks have settled a tax dispute with the Tokyo city government which is expected to bring them a 193 billion yen (US$1.74bil) windfall.
The out-of-court settlement is expected to become final on Oct 8, when the banks and the Tokyo city government are due to appear at the Supreme Court.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
