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International

Apple Japan fined $98 million for violating duty-free rules

December 29, 2022 Reprints

Japan has fined Apple Inc.'s local unit $98 million after discovering bulk purchases of iPhones by foreign shoppers who were improperly exempted from a consumption tax, Times Now reports citing Nikkei Asia. The authorities claim that the firm violated rules covering duty-free purchases and at least one transaction involved a reseller purchasing hundreds of phones all at once.

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Apple Japan fined $98 million for violating duty-free rules

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