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Japan: Gambler wants his losses treated as tax deductions

7 May 2014

JAPAN -- A Japanese civil servant wants his gambling losses treated as a tax deductible business expense, according to Asahi Shimbun.

A previous case in Osaka ruled that there are circumstances where betting losses might be regarded as a business expense, the report said.

Tax officials allege in the current case that the civil servant failed to declare his income over many years, the Asahi Shimbun report said.

 
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