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Coca-Cola Taxes (sh.itjust.works)

submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]

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https://mastodon.social/@MEActNOW/112956139620337300

News: https://www.forbes.com/sites/kellyphillipserb/2024/08/06/coca-cola-could-face-16-billion-irs-bill-after-its-tax-court-arguments-fall-flat/

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[–] [email protected] 18 points 10 months ago (4 children)

For this to be criminal it'd probably require intent to be proven which is difficult without a "smoking gun" of an email being like "do this to avoid taxes or be fired"- CEO. For it just to be civil fines is a lot simpler to show. Their inevitable appeal and potential reduction in fine is a different issue.

[–] [email protected] 23 points 10 months ago (1 children)

Which is hilarious because ignorance is not a defence for poor people.

[–] [email protected] 14 points 10 months ago

the poor are not, according to the american criminal system; 'people'. mutually exclusive categories.

[–] [email protected] 4 points 10 months ago

It almost sounds like you're saying corporations are not people. Don't let the conservatives hear you say that.

[–] [email protected] 2 points 10 months ago (1 children)

16 billion dollars of money laundering isn’t an “honest mistake”…. criminal intent abounds

[–] [email protected] 2 points 10 months ago

Sure but that's a lot harder to prove.