bhmnscmm@lemmy.world to Formula 1@lemmy.world · 1 year agoEcclestone to pay $800m after pleading guilty to tax fraudracer.comexternal-linkmessage-square11fedilinkarrow-up178
arrow-up178external-linkEcclestone to pay $800m after pleading guilty to tax fraudracer.combhmnscmm@lemmy.world to Formula 1@lemmy.world · 1 year agomessage-square11fedilink
minus-squareRonno@kbin.sociallinkfedilinkarrow-up9·1 year agoWhy not both? Pay back 400 million, plus interest and jail time?
minus-squareZickZack@kbin.sociallinkfedilinkarrow-up2·1 year 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-up1·1 year 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.