ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei research found that SoftBank Group, once Japan's most profitable company, faced corporate income tax four times over the last 15 years.    © Illustration by Chuan Ming Ong
The Big Story

The mystery of SoftBank's zero tax bill

Nikkei investigation reveals years of huge profits and no taxes for Japan's top tech investor

TOMOSHIZU KAWASE, KATSUYA MIYAKAWA and WATARU SUZUKI, Nikkei staff writers | Japan

TOKYO -- For years, Japanese tax regulators have been grappling with a mystery that has also become their biggest headache: Why does SoftBank Group -- which became Japan's most profitable company last year -- pay so little tax?

Officials from the Tokyo Regional Taxation Bureau have conducted tax inspections almost every year in recent years to check the accuracy of SoftBank's tax filings, even flying to London in one instance to check documents.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more