Quote:
Originally Posted by bob-loblaw
Aren't people on a company's Board of Directors personally liable for things like tax evasion? Maybe he made his kids directors instead for this reason. Poor Tiffany and Barron...  |
Tax evasion isn't as simple as a company openly directing its accounting department to not pay taxes.
Plus, it is almost impossible to catch people on tax evasion these days where the result is jail time. Most times the IRS will simply apply fines and the defendant will pay back taxes.
Most people really don't understand the lengths that the rich and elite will go to avoid taxes, store money in tax havens, etc. And then they also don't understand how the rich and elite have manipulated the system to the point where a bank can launder money for drug cartels and then simply pay a measly fine when they get caught.
When the Panama Papers came out and everyone lost interest after 2 weeks, it basically told the rich they can do what they want without recourse.