Japanese authorities have imposed a substantial 42 billion yen (~$382 million) in back taxes on 'Rakuten Card'. The charges, unveiled recently, stem from tax evasion investigations for the past several years. While the specifics of the evasion are yet to be revealed, revelations have sparked major debates about corporate taxation in Japan.

In Japan, tax evasion by large corporations is a cause for concern for the public, due to the socioeconomic impact. The repercussions of this issue manifest through strained relations between corporations and their employees, as well as the government's provision of public services. This news will likely stoke the on-going conversations around corporate responsibility and fair taxation practices within the country.

In the US and the EU, similar issues are also met with public outcries and increasing governmental scrutiny. Cases such as Google and Apple's tax evasion in the EU and discussions on corporate tax reforms in the US signify the universality of the issue.