Ghosn arrested

Spectre

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bone;n3555007 said:
why? he isn't yapanese, is he? and doesn't live there either? why do they care how much income he reported?
Many (indeed most) countries, including mine, require you to report and pay tax on the income you earned in/from that country even if you are a citizen of another country. When I've worked contracts in the UK, if I was contracted in by a UK firm, I had to pay tax to Her Majesty's Revenue on the income I earned in Ukania. (I also had to pay US income tax on that - and yes, that's double taxation - but that's another story.) I've got no claim on UK citizenry, I didn't live there on contracts long enough to even claim some sort of residency - but I still had to pay tax.

KPMG seems to indicate that a non-Belgian getting income from Belgian sources would likely have to pay Belgian income tax - so even your country would bust people for the same thing: https://home.kpmg.com/xx/en/home/insights/2011/12/belgium-income-tax.html
 

Blind_Io

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Looks like this has now blown up and is becoming an issue at the G20

https://www.rt.com/business/445219-macron-abe-nissan-renault-spat/

French President Emmanuel Macron will discuss the recent arrest of ex-chairman of Nissan Carlos Ghosn with Japanese Prime Minister Shinzo Abe at the G20 meeting amid a Japan-France spat over the troubled motor alliance.

Ghosn was arrested in Tokyo on November 19 over suspected financial misconduct. The 19-year partnership between auto-making giants Renault, Nissan and Mitsubushi is reportedly facing the biggest test ever amid the scandal. Nissan fired Ghosn as chairman after a nearly two-decade reign over the Japanese automaker.

French multinational Renault currently holds 43.4 percent of Nissan’s shares, while only 15 percent of the French automaker’s stocks belong to the Japanese car manufacturer. The scandalous arrest has reportedly prompted Nissan to resume attempts to change what the Japanese company considers Renault’s outsized control of it. Now, Renault has shareholder voting rights in the tie-up.

The leaders of Japan and France are planning to discuss the future of the cooperation between Nissan and Renault, in which the French government has the largest stake, the Mainichi, one of the major Japanese newspapers, reports. The French President reportedly wants an explanation of the circumstances of Ghosn’s arrest.

The parties are reportedly arranging a short meeting on the sidelines of the Group of 20 summit of the world’s major economies, which starts this week in Buenos Aires, according to the sources close to the issue, as cited by the media.

The French side is reportedly planning to request greater transparency of the Japanese probe, claiming the case surrounding Ghosn has been recently underreported.

Last week, Japanese Industry Minister Hiroshige Seko and French Finance and Economy Minister Bruno Le Maire reaffirmed the two countries’ support for the Renault-Nissan-Mitsubishi alliance.

Earlier, the board of Mitsubishi Motors that is allied with Renault and Nissan fired Carlos Ghosn as its chairman following the arrest. Ghosn won’t be able to perform his duties, considering his arrest and Nissan’s dismissal of him as chairman, according to Mitsubishi Motors’ CEO Osamu Masuko, who was chosen acting chairman pending a shareholders’ meeting.
 

bone

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with all the protesting and cars lit on fire the last weeks, the french will need a new influx of cheap affordable hatches soon, renault must be ready to provide and can't afford this distraction! :lol:
 

jack_christie

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Carlos Ghosn's new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail.

"This should have been dealt with as an internal matter," Junichiro Hironaka, nicknamed “The Razor,” said at his first press briefing.
https://europe.autonews.com/automakers/ghosns-new-lawyer-takes-aim-nissan-prosecutors
 

jack_christie

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jack_christie

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Nissan, Ghosn settle U.S. SEC claims over undisclosed compensation

Nissan will pay $15 million, while Ghosn agreed to a $1 million civil penalty and a 10-year ban from serving as an officer or director of a publicly traded U.S. company, the SEC statement said.
https://europe.autonews.com/automakers/nissan-and-ghosn-fined-16-million-failing-disclose-pay

https://www.reuters.com/article/us-usa-sec-nissan/nissan-ghosn-settle-u-s-sec-claims-over-undisclosed-compensation-idUSKBN1W81NY
 
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