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Nissan notified that it failed to declare $177m in income

Automaker disputes taxation bureau's ruling that it used Bermuda insurer as haven

Nissan Motor is the latest Japanese company to be told by authorities that it has run afoul of an anti-tax-haven rule.

TOKYO -- Nissan Motor has been told by the Tokyo Regional Taxation Bureau that it failed to declare income of over 20 billion yen ($176.7 million) in the fiscal year ended March 2017, sources told Nikkei on Wednesday.

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