bhmnscmm@lemmy.world to Formula 1@lemmy.world · 2 years agoEcclestone to pay $800m after pleading guilty to tax fraudracer.comexternal-linkmessage-square15linkfedilinkarrow-up177arrow-down10
arrow-up177arrow-down1external-linkEcclestone to pay $800m after pleading guilty to tax fraudracer.combhmnscmm@lemmy.world to Formula 1@lemmy.world · 2 years agomessage-square15linkfedilink
minus-squareRonno@kbin.sociallinkfedilinkarrow-up8·2 years agoWhy not both? Pay back 400 million, plus interest and jail time?
minus-squareZickZack@kbin.sociallinkfedilinkarrow-up2·2 years agoI think that interest is added, specifically you pay https://www.irs.gov/payments/quarterly-interest-rates based on the quarters you were missing taxes. Not sure if the numbers quoted here include that already
minus-squaresweetchildintime@lemmy.worldlinkfedilinkEnglisharrow-up1·2 years agoWell, other than the fact that we don’t live in a perfect society (have you noticed yet?), because a rich, famous, influential 92 yo is probably the last person the authorities want in jail.
Why not both? Pay back 400 million, plus interest and jail time?
I think that interest is added, specifically you pay https://www.irs.gov/payments/quarterly-interest-rates based on the quarters you were missing taxes.
Not sure if the numbers quoted here include that already
Well, other than the fact that we don’t live in a perfect society (have you noticed yet?), because a rich, famous, influential 92 yo is probably the last person the authorities want in jail.