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FedEx fined for knowingly transporting untaxed cigarettes.
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<blockquote data-quote="59 Dano" data-source="post: 3907628" data-attributes="member: 23516"><p>That's how you read it? I read it as "There was an offer on the table that if we gave them x dollars and said what they wanted us to say then we could call it a day. We can go about delivering packages and they can turn a profit on illegal sales of cigarettes."</p><p></p><p>Because that's what happened. Initial lawsuit was $700 million and was settled for 5% of that and they recoup that lost tax revenue and then some... just like they did with Lasership. Lasership was sued for over $100 million for the same thing. Settled for $5 million. Lost tax revenue on the shipments in question? Less than $2 million. </p><p></p><p>It was a mere business decision by NY, nothing more and nothing less.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 3907628, member: 23516"] That's how you read it? I read it as "There was an offer on the table that if we gave them x dollars and said what they wanted us to say then we could call it a day. We can go about delivering packages and they can turn a profit on illegal sales of cigarettes." Because that's what happened. Initial lawsuit was $700 million and was settled for 5% of that and they recoup that lost tax revenue and then some... just like they did with Lasership. Lasership was sued for over $100 million for the same thing. Settled for $5 million. Lost tax revenue on the shipments in question? Less than $2 million. It was a mere business decision by NY, nothing more and nothing less. [/QUOTE]
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