Southern All Stars' Kazuyuki Sekiguchi's company has failed to report 586.5 million yen over three years

A music-related company headed by Kazuyuki Sekiguchi (70), a member (bassist) of the popular band Southern All Stars, was found by the Tokyo Regional Taxation Bureau to have failed to report 586.5 million yen for the three years ending in September 2023. The amount of additional corporate tax (correction disposition) was approximately 53 million yen, including additional tax for under-reporting.

Although the company had contracted with a tax accountant corporation (Chuo-ku, Tokyo) and filed tax returns, it was determined that the company had ``unreasonably reduced the tax burden'' in recording losses on the sale of stocks. This was discovered through interviews with people involved.

In an interview, a lawyer representing Mr. Sekiguchi stated that the payment had been made, and explained, ``Although a tax accountant had explained to us that the transaction was a legal way to reduce the tax burden, we were not informed of the structure of the series of transactions and were not aware of the specific method.''

A lawyer representing the tax accountant said, ``The transaction was not conducted with the purpose of generating tax losses, but was based on another economic purpose.Specifically, we are bound by confidentiality obligations, so we cannot answer.''

Both parties are reportedly filing civil lawsuits.

The company that was pointed out was ``Nohohon'' (Meguro-ku, Tokyo), of which Mr. Sekiguchi is the representative. According to registers and other sources, the company's businesses include ukulele sales, music classes, music planning and production, and copyright management.

■Tokyo Regional Taxation Bureau: “There is no actual transaction”…