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Well, for once execs are being investigated as well
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You only have to be worried if you're doing something illegal, like the guys in the article. Misfiling something won't land you in jail, just some fines at the most. Intent matters quite a bit.
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If you are found personally responsible for tax evasion >1e6€ then the minimal penalty is prison sentence without parole option. This is true for many EU countries including Italy. Idk. about the max. prison length in Italy for this but e.g. where I live in the EU you are likely looking at ~15 years for 1e9€ tax evasion.

The reason executives commonly avoid such penalties is because they avoid being found personally liable by claiming they didn't known, did misunderstood the situation, where deceived by others etc.

Through it should be noted that this case is a bit unusual and complicated. The tax dispute itself isn't as simple as Amazone directly having avoided paying their own taxes. And the case of missing taxes has already been settled. This new current investigations are criminal investigation (i.e. the failure of paying taxes is assumed to have been intentional instead of a booking error) and seem to be more targeting executives for having committed crimes (instead of targeting Amazone the company).

Or in other words, Italian prosecutors are feed up US companies not caring for EU law and no one being hold liable.

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(1): Without option to have it replaced with long time parole.

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“ just some fines at the most. “

That’s ok for the big players with deep pockets. For the little guy this is a much bigger problem. As it should. It would just be nice if law breaking would be a bigger problem for the bigger companies too.

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I think GPs point is that the fines are generally not crazy.

I misfiled stuff a few times and got fined, it's annoying but it's not something that will break your bank.

The behaviour of the tax office varies quite a lot from country to country tho.

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Yes. No country is out here destroying productive businesses because they made a paperwork mistake. The penalty is usually proportionate.

But don't trust me, ask your lawyer.

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> No country is out here destroying productive businesses because they made a paperwork mistake.

New Zealand. The Accident Compensation Corporation, a compulsory insurance scheme, is absolutely feral. Will crush you "because rules" without a thought.

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What were the rules you broke, and what was the penalty?
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Last time I misfiled I got a check from the IRS for a couple hundred bucks.
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I've misfiled several times due to being young and stupid.

Each time I got a piece of mail asking my to call the IRS to clear it up, and every time the agent was nice and very helpful clearing it up, and not fined.

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When you're not wealthy, "some fines at most" can be a really nasty setback
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No really the fines in line with the profits and your intent.

Businesses who get into trouble because of taxes are doing it intentionally. Or somebody in the company does it intentionally.

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