Gihei Honda (paternal grandfather) Mika Honda (paternal grandmother)
Tax evasion caseedit
Japanese prosecutors had arrested Hirotoshi Honda in 2003,[1][2] hours after prosecutors launched a criminal investigation into Mugen, which has business relations with Honda Motor Company, on suspicion of dodging ¥ 1 billion in corporate taxes.[3][4] Norio Hirokawa, 60, the company's auditor, was also arrested over his alleged involvement in the tax evasion.
Prosecutors alleged that Hirotoshi Honda approved the transactions, although he has claimed he was also a victim and only signed the tax documents prepared by his auditor without knowing about the crime.[3] Prosecutors suspect Mugen hid its income by moving funds to a company named MG Estate under machine lease and other fictitious transactions for three years through to December 2000.[1] Since his arrest in 2003, Hirotoshi Honda had stepped down as the company president.
Hirotoshi Honda is a board member of MG Estate, which has since been renamed GE Seirijigyosha. Mugen reported sales of about ¥ 6.8 billion for the financial year to October 2001. Honda Motor has pulled its capital from Mugen but still teams with the firm to participate in auto races.[4] All of Mugen's operations facilities and employees were handed over to M-TEC Company, set up by a relative of Soichiro Honda, while Mugen continued corporate existence only to participate in court proceedings.[2]
On May 25, 2006, Hirotoshi Honda was found not guilty of charges of tax evasion, but Presiding Judge Yasuo Shimoyama of the Saitama District Court ordered Mugen to pay ¥ 240 million in fines.[1] The judge ruled that auditor Norio Hirokawa played the central role in the tax evasion scheme, sentencing him to three years imprisonment.[1][3]
Notesedit
^ abcdAFX News Limited (25 May 2006), "Japanese court acquits son of founder of Honda Motor of tax evasion", Forbes, archived from the original on December 8, 2010, retrieved 2010-06-12
^ abAgence France-Presse (1 July 2003), , archived from the original on 11 November 2005
^ abcKyodo News International (May 25, 2006), Mugen President Honda found not guilty in tax evasion case, Tokyo, Japan{{citation}}: CS1 maint: location missing publisher (link)
^ abYamaguchi, Yuzo (July 7, 2003), "Honda founder's son held in tax evasion case; Prosecutors allege his firm reported bogus expenses", Automotive News, p. 4
External linksedit
Mugen Official Site
January 01, 1970
hirotoshi, honda, this, biography, living, person, needs, additional, citations, verification, please, help, adding, reliable, sources, contentious, material, about, living, persons, that, unsourced, poorly, sourced, must, removed, immediately, from, article, . This biography of a living person needs additional citations for verification Please help by adding reliable sources Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page especially if potentially libelous Find sources Hirotoshi Honda news newspapers books scholar JSTOR October 2010 Learn how and when to remove this message Hirotoshi Honda 本田 博俊 Honda Hirotoshi born 11 April 1942 in Hamamatsu Japan is a Japanese business magnate engineer and the founder of Mugen Motorsports He is the son of Soichiro Honda founder of the Honda Motor Company Hirotoshi Honda本田 博俊Born 1942 04 11 11 April 1942 age 82 Hamamatsu JapanNationalityJapaneseOccupationEngineeringKnown forCo Founder of Mugen MotorsportsParent s Soichiro Honda Sachi HondaRelativesGihei Honda paternal grandfather Mika Honda paternal grandmother Tax evasion case editJapanese prosecutors had arrested Hirotoshi Honda in 2003 1 2 hours after prosecutors launched a criminal investigation into Mugen which has business relations with Honda Motor Company on suspicion of dodging 1 billion in corporate taxes 3 4 Norio Hirokawa 60 the company s auditor was also arrested over his alleged involvement in the tax evasion Prosecutors alleged that Hirotoshi Honda approved the transactions although he has claimed he was also a victim and only signed the tax documents prepared by his auditor without knowing about the crime 3 Prosecutors suspect Mugen hid its income by moving funds to a company named MG Estate under machine lease and other fictitious transactions for three years through to December 2000 1 Since his arrest in 2003 Hirotoshi Honda had stepped down as the company president Hirotoshi Honda is a board member of MG Estate which has since been renamed GE Seirijigyosha Mugen reported sales of about 6 8 billion for the financial year to October 2001 Honda Motor has pulled its capital from Mugen but still teams with the firm to participate in auto races 4 All of Mugen s operations facilities and employees were handed over to M TEC Company set up by a relative of Soichiro Honda while Mugen continued corporate existence only to participate in court proceedings 2 On May 25 2006 Hirotoshi Honda was found not guilty of charges of tax evasion but Presiding Judge Yasuo Shimoyama of the Saitama District Court ordered Mugen to pay 240 million in fines 1 The judge ruled that auditor Norio Hirokawa played the central role in the tax evasion scheme sentencing him to three years imprisonment 1 3 Notes edit a b c d AFX News Limited 25 May 2006 Japanese court acquits son of founder of Honda Motor of tax evasion Forbes archived from the original on December 8 2010 retrieved 2010 06 12 a b Agence France Presse 1 July 2003 Son of Honda Motor founder arrested over tax evasion archived from the original on 11 November 2005 a b c Kyodo News International May 25 2006 Mugen President Honda found not guilty in tax evasion case Tokyo Japan a href Template Citation html title Template Citation citation a CS1 maint location missing publisher link a b Yamaguchi Yuzo July 7 2003 Honda founder s son held in tax evasion case Prosecutors allege his firm reported bogus expenses Automotive News p 4External links editMugen Official Site Retrieved from https en wikipedia org w index php title Hirotoshi Honda amp oldid 1151481203, wikipedia, wiki, book, books, library,
