Nissan slapped with more tax penalties from Ghosn period

Nissan Motor Co. has been ordered to pay some 250 million yen ($2.4 million) in tax penalties in connection with the alleged misuse of funds by the Japanese automaker while managed by former boss Carlos Ghosn, sources familiar with the matter said Wednesday.Japanese taxation authorities concluded that Nissan failed to declare around 1 billion yen in taxable income over five business years through March 2019, with the company given around 250 million yen in tax penalties, sources said.With regard to Ghosn's alleged financial misconduct, the Tokyo Regional Taxation Bureau had already found la…READ FULL ARTICLE