Sony Corp. said Friday that Japanese tax authorities have ordered it to pay an estimated 27.9 billion yen ($243 million) in additional taxes. The Tokyo Regional Taxation Bureau ordered the company to pay the additional taxes related to its game console and other operations in the United States, Sony said in a statement.
Sony planned to file a protest with the tax authorities promptly, arguing that the additional taxes would constitute double taxation under the terms of U.S.-Japan bilateral tax treaties, the statement said.
The company also plans to request bilateral consultations on the matter.
The tax authorities notified Sony and Sony Computer Entertainment Inc. that it had found fault with tax payments related to profits from the game console operations of SCEI's U.S. subsidiary from 1999 to 2004, the statement said.