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> It's rather odd to be arrested for a tax evasion alone. If it's just a tax evasion, you got a letter from tax office and pay tax and fine. Are you talking ab
by forapurpose 8y ago
> It's rather odd to be arrested for a tax evasion alone. If it's just a tax evasion, you got a letter from tax office and pay tax and fine.
Are you talking about what happens in Japan, or what happens where you live (if that's not Japan)?
> tax evasion
Per the article, the charge was under-reporting his compensation; taxes aren't mentioned in the article. The reporting could be a corporate requirement independent of taxes, as one alternative example. Was he arrested for failing fiduciary duties as a corporate officer? Lying on a corporate report? Corporate tax evasion? Personal tax evasion? The article doesn't seem to say.
EDIT: I was reading the NY Times article. The article linked above also doesn't mention taxes, and says it's a violation of what seem to be corporate reporting laws:
[Ghosn] had for many years understated his income in reports submitted to the Tokyo Stock Exchange and had conducted other "significant acts of misconduct" including misusing company funds for personal purposes.
Tokyo prosecutors believe Ghosn's underreporting of his remuneration constitutes a violation of the Financial Instruments and Exchange Act.
- ezoe 8y agoAll the Japanese news sources I could get yesterday only mentioned the arrest for the tax evasion.