Who is this I.T. Company (ITC) who is in hot water with authorities? Reports indicated that this ITC bought in products from other countries, and did not pay the corresponding taxes.
Worst, the principals of these products are allegedly aware of this ITCs illegal activities but decided to take a hands-off attitude since this ITC is buying their products anyway.
Now the burden of proof is with this ITC and its principals. This ITC and the principals should now present proofs that the correct taxes were paid. If not, both ITC and principals will be facing charges.
I am sure the companies can pay their taxes and penalties if any. What you guys can’t fix is your reputation and integrity. Your companies adheres to legal business right? And yet, you’re its biggest violators. How can you say one thing and do another thing?
Obviously, you didn’t cover your tracks carefully that is why the authorities are investigating your operations and that is why your secret is a secret no more.