Tom Barrack Denies $190 Million Italian Tax Evasion Claim

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main reason the Italian prosecutor claimed Barrack and Colony owed back taxes?
They used illegal funds for the purchase.
They did not pay the full sale amount.
They failed to report the sale.
The deal was structured in a way that avoided taxes.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much did Colony pay to settle the tax bill with the Italian authorities?
$50 million
$100 million
$25 million
$600 million
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the next potential step in the legal proceedings after the prosecutor's actions?
An indictment
A public apology
A dismissal of the case
An immediate trial
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why has the Sardinia case gained more attention recently?
The case was featured in a documentary.
The prosecutor made a public statement.
It involves a friend of the sitting president.
The sale amount was unusually high.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Sardinia case compare to other American companies' tax strategies?
It is less controversial.
It is more complex.
It is similar but involves a political figure.
It is completely different.
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