In fact, the cost of procuring and sending return gifts amounted to 67 billion yen in FY2015, accounting for 40% of the total amount of taxes donated. One of the intended goals of the hometown tax ...

Beginning in October, the internal affairs ministry will impose stricter hometown tax accounting rules and narrower definitions of what counts as a "local product" for thank-you gifts. This is all ...

(Bloomberg) -- A tax agreement between Apple Inc. and its hometown of Cupertino, California, has come under scrutiny from state regulators, potentially slashing the amount of money that the ...