Evisu Tax Evasion

[chromesquared]

I dont really get down on Evisu personally, but I thought this might be of interest to some. Its from Mainichi shinbun. I thought it was worth a post in supatrash.

Enjoy.

Evisu jeans boss faces charges for 160 million yen tax evasion

Hidehiko Yamane, president of Evisu Japan, a company producing the popular Evisu brand of jeans, has been reported to public prosecutors along with the company and another firm on suspicion of tax evasion, it has been learned.

The Tokyo Regional Taxation Bureau accuses Yamane and the two firms of concealing over 500 million yen of income, and evading some 160 million yen in taxes over three years.

Sources familiar with Evisu said Yamane formed a contract with a foreign firm for it to manufacture and sell Evisu brand jeans, and received over 200 million yen in return, but failed to declare the income.

The two firms allegedly hid their sales and created fictitious expenses, again hiding over 200 million yen in income.

Yamane allegedly lent the income he hid to affiliated firms. Evisu jeans are also popular overseas, being worn by well-known figures such as famous European soccer players. (Mainichi)

Click here for the original Japanese story

March 17, 2006

[azad]

bahahaha

toma açaí

[deadkidz]

i saw a pair of em at "man alive" some hip hop clothing shop and they wanted 365 for em....

youd think with all that money they were withholding from the gov. they could make a decent product. but what do i know.

[Gogeta888]

^ lmao

"My Name goes Here"