Joe Francis, the rich and troubled founder of Girls Gone Wild, has pleaded not guilty to two counts of federal tax evasion. He claims that he was the victim of a scheme by his accountant to profit from the IRS whistleblower program.
The indictment alleges that Francis claimed over $20 million in phony business […]
The Vikings apparently can’t win for losing. First, they had to deal with the soap opera that is Brett Favre and the Green Bay Packers - in case you somehow remarkably missed the drama, Favre talked to the Vikings about a position on the team - as a result, the Packers, who have indicated […]
And I thought Wesley Snipes got off easy… A South Korean court has found former Samsung Chair Lee Kun-hee guilty on tax evasion and securities law violations stemming from transactions allegedly orchestrated on Samsung’s dime - but he escaped jail time.
The 66 year old Kun-hee was accused of avoiding more than $112 million of […]
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Paul Hogan, who rose to prominence in the 1980s as “Crocodile Dundee”, feels pretty important these days. He is being pursued by the Australian Tax Office and the Internal Revenue Service for moneys allegedly owed.
Hogan estimates that he has paid the ATO $100 […]
A federal judge has granted Wesley Snipes’ request to travel overseas while he waits the outcome of his appeal.
Snipes had requested to go to London to sit in on the editing process for his new horror flick Gallowwalker and to fly to Bangkok to film the action thriller Chasing the Dragon. The prosecution argued […]
The Department of Justice issued a press release on Monday advising that it has filed court papers to allow the IRS access to request information from UBS AG about US taxpayers who may be using Swiss bank accounts to evade federal income taxes.
The Times had previously reported that UBS might reveal up to 20,000 […]
Wesley Snipes has filed a request in federal court for permission to leave the country for two trips while his appeal on tax evasion charges is being considered.
Snipes has requested to go to London to sit in on the editing process for his new horror flick Gallowwalker.
Snipes has also requested permission to fly to Bangkok […]
Keith Olbermann’s trademark “Worst Person In the World” segments - usually reserved for Fox News’ Bill O’Reilly - may be coming back to haunt him. After revelations that he owes the state of New York $2,269 in back taxes for his corporation, Olbermann Broadcasting Empire, many of his former targets are turning the tables.
The […]
Will UBS name names as part of an ongoing investigation into its offshore accounts? Maybe.
The Times is reporting that UBS may reveal the names of up to 20,000 of its American clients as part of the investigation into alleged “tax irregularities.” A spokesman for UBS has, of course, declined to comment.
The US government […]
The first ever winner of CBS’ Survivor has appealed his tax evasion conviction to the U.S. Supreme Court.
Richard Hatch was convicted of failing to pay taxes on the $1 million prize on Survivor in 2000. He was sentenced to 51 months in federal prison. He had previously appealed his conviction to the United […]
tax news, tax info and tax policy - and it’s not as boring as you think!
Written by Kelly Phillips Erb [email] for b5media.
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