Australian news, and some related international items

2 TEPCO affiliates get tax exemption approval under disaster aid system

Fukushima 311 Watchdogs

uhhkjlmk.jpgTwo Tokyo Electric Power Co. (TEPCO) affiliates received Fukushima gubernatorial approval for tax breaks designed to help local businesses affected by the Fukushima nuclear disaster, it has been learned.

The firms applied for the local tax exemptions with the Fukushima Prefectural Government. Under the disaster relief tax break system, the amounts exempted are covered by the reconstruction budget. However, in the case of the TEPCO affiliates, it means reconstruction funds will flow to firms associated with the very company that caused the nuclear disaster.

“It is wrong to give them (the TEPCO affiliates) preferential treatment from the standpoint of public sentiment,” one critic said.

The two companies are Kandenko Co., an engineering and construction company based in Tokyo’s Minato Ward, and Chuo Ward-based Tokyo Energy & Systems Inc., which does maintenance and other work. Both firms have been engaged in projects to decommission the crippled Fukushima No. 1 nuclear plant.

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March 9, 2017 - Posted by | Uncategorized

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