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Former Microsoft exec rapped for tax evasion

Naughty, naughty...
Written by Aled Herbert, Contributor

Naughty, naughty...

A former managing director of Microsoft's Japanese division has been handed a suspended jail sentence for tax evasion on income earned from the company's stock option scheme. Shoji Hasegawa was given a two-year prison sentence, suspended for three years, and was fined Y70m ($580,000). He was also ordered to pay back taxes. Hasegawa earned Y913m in 1998 and 1999 by selling 310,000 Microsoft shares. However, he only declared Y190m in income from the sale, according to Ananova.
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