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Ecclestone to pay $800m after pleading guilty to tax fraud(racer.com)

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Ronno@kbin.social
9 points

Why not both? Pay back 400 million, plus interest and jail time?

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ZickZack@kbin.social
2 points

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

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sweetchildintime@lemmy.world
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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.

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