Industrial robot giant FANUC is accused of failing to declare approximately 9.7 billion yen. The Tokyo Regional Taxation Bureau has imposed an additional tax of approximately 2.2 billion yen, including additional tax on underreporting.
According to people involved, FAN UC is providing robot parts and other items from Japan to its subsidiary in Taiwan at a lower price than the average price, thereby shifting profits that would otherwise be recorded in Japan overseas. In response to an interview, F ANUC said, ``We have a difference of opinion with the authorities.''