Forum - View topicNEWS: Yamato/Departures Film Production Firm Sedic Allegedly Hid 1 Billion Yen in Income
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mdo7
 Posts: 6253 Location: Katy, Texas, USA |
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So what does this mean? Did the company committed fraud or something??
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Yuki_Kun45
Exempt from Grammar Rules
 Posts: 725 Location: U.S.A. |
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This sounds exactly like what happened to Gainax years ago.
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mdo7
Posts: 6253 Location: Katy, Texas, USA |
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Uh, please refresh my mind (a link to an article would suffice). Because I don't remember any financial incident involving Gainax. |
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Cptn_Taylor
Posts: 925 |
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Yes they committed fraud. Conning the tax man is seldom good for you. |
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labmember001
Posts: 48 |
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Link to Gainax's wikipedia article |
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mdo7
Posts: 6253 Location: Katy, Texas, USA |
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OK, thanks. Now I get it. |
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Hoppy800
 Posts: 3331 |
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Corporate tyranny cooking the books, not surprising, lets just hope the company doesn't close down and instead rid themselves of the executives (and any crooked accountants and other people in finance).
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mgosdin
 Posts: 1302 Location: Kissimmee, Florida, USA |
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Conning the tax man is a fine art. This I know from experience. Mark Gosdin |
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mgosdin
Posts: 1302 Location: Kissimmee, Florida, USA |
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Or just a reaction to the incentives from what might be a Tax code that is predatory. Agreed that hopefully it won't kill the business since there are people that depend on it for a living that were completely innocent in regards to this incident. Beyond a certain point accountants & lower level executives are likely just doing what their superiors required them to do. I wouldn't get to anxious to see them hurt. Mark Gosdin |
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nargun
Posts: 924 |
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I'm not entirely sure what you mean, here. Do you think you could give me some examples of what you're thinking of, things that you think the japanese government might plausibly be doing that you'd describe as "predatory". EDIT: > Beyond a certain point accountants & lower level executives are likely just doing what their superiors required them to do. Following orders? |
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Cptn_Taylor
Posts: 925 |
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Predatory as a system that vexates people and businesses. For example too high a tax rate. Complicated tax documents. A system where if you're inspected you're assumed guilty by default and then you have to prove your innocence to the tax authorities (if you're audited by the IRS say your prayers man). You know, things like these ? |
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residentgrigo
 Posts: 2419 Location: Germany |
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Interesting news story. Off to google i go and I almost forgot how sneaky Gainax used to be and i read their book.
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