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In 1997, the NTA imposed a penalty tax of ¥3.5 billion on Forever Living's Japan division for concealing income of 7.7 billion yen over the five-year period. [10] Later that year, AVA, Rex and Ruth Maughan, Maughan Holdings, Gene Yamagata, and Yamagata Holdings [ 11 ] sued the IRS for unauthorized disclosure of tax return information. [ 10 ]
Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
FRHI Hotels & Resorts (previously known as Fairmont Raffles Hotels International) [2] is a global hotel management company that is based in Toronto, Ontario, Canada. FRHI is the parent company that manages three brands of hotels: Fairmont, Raffles and Swissôtel. These hotel chains collectively include more than 100 hotels and resorts in over ...
The company's resort division owns several similar properties. In 1983, the company was named No. 6 on Inc. Magazine's annual Inc. 500 list of the fastest-growing private companies in the United States. [8] According to Arthur Andersen's Top 100, as of 1993, Forever Living Products International was Arizona's second-largest private company. [9]
In October 2013, Kerzner announced that he was building a new Atlantis hotel at Sanya, Hainan Island in China with Fosun International. The 62-hectare resort has 1,300 rooms and a water park like the other Atlantis hotels. The project is reported to have cost $1.63 billion. [6]