Disclosure of Characteristics of SoftBank Group’s Taxation
SoftBank Group Corp. (“SBG”) announced today that it disclosed the “Characteristics of SoftBank Group’s Taxation” as a supplementary explanation for the “Tax Policy” disclosed on July 29, 2022.
The disclosure explained the fact that income on SBG’s consolidated statement of profit or loss is not directly connected to its standalone tax payment amount, and the unique characteristics of SBG’s taxation as a pure holding company. In addition, for the three fiscal years from the fiscal year ended March 2020 to the fiscal year ended March 2022, SBG provided an easy-to-read list of its income taxes paid on a consolidated basis, as well as the domestic and foreign breakdown of such payments.
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