TOKYO (TR) – Nine firms in a gaggle that runs host golf equipment and about 30 hosts have been accused by the Tokyo Regional Taxation Bureau of concealing a complete of about 2 billion yen in earnings, studies the Yomiuiri Shimbun (Oct. 31).
Host golf equipment have been topic to some unscrupulous enterprise practices, resembling forcing feminine prospects into massive quantities of debt. This case brings to mild new instances of unfair tax evasion.
As a results of the declare, the 9 firms are anticipated to pay a complete of about 200 million yen in company tax, together with a heavy surcharge, and the hosts are anticipated to pay a complete of a number of hundred million yen in earnings tax.
Sources say that the tax investigation was carried out on FG Group, situated in Shinjuku Ward. Also focused was the group’s eight host club-management firms beneath its umbrella and about 30 hosts working on the group’s golf equipment.
The eight firms that function the golf equipment recorded a complete of about 300 million yen as “know-how usage fees” to a company within the Federated States of Micronesia. The company was represented by the male founding father of FG Group, however the funds weren’t really made, with the group discovered to have acknowledged inflated bills and decreased earnings.
FG Group was additionally discovered to have hid about 300 million yen in earnings by recording fictitious outsourcing bills and different means.
Most of the roughly 30 hosts didn’t file tax returns. As properly, there have been confirmed instances whereby information of compensation issued by the golf equipment have been destroyed, leading to concealment of a complete of a number of hundred million yen in earnings.
Combined with the whole of about 600 million yen for the 9 firms, the whole quantity of hid earnings is regarded as about 2 billion yen. FG Group’s lawyer stated in an interview, “We had no intention of concealing income, but ultimately followed the National Tax Agency’s instructions. We will provide appropriate guidance to the hosts in the future.”