Tokyo just closed up 900 yen to the equivalent of $218 US. Bloomberg posted this comment earlier showing Son as only the 16th largest taxpayer. At least he was smart enough to book some capital gains <G>:
quote.bloomberg.com
Aruze President Becomes Japan's Biggest Taxpayer, Kyodo Says
By Tak Kumakura
Tokyo, May 16 (Bloomberg) -- Businessman Kazuo Okada, 57, was
Japan's top taxpayer last year, paying 2.5 billion yen ($23
million) in capital gains tax after selling stocks, Kyodo News
said, citing the government's tax office. Okada is president of
Aruze Corp., Japan's biggest maker of ``pachisuro'' pinball slot
machines. Masayoshi Son, the 42-year-old founder of Softbank
Corp., was the 16th biggest taxpayer, paying 630 million yen,
while religious leader Hogen Fukunaga, who was recently arrested
for fraud, paid 19 million yen in income taxes, the report said.
The government is selling a record amount of debt to maintain
public works spending and boost the economy, even as corporate tax
revenue remains stagnant amid the nation's recession. |
