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taxgirl® - tax news, tax info and tax policy

What? No Sequel?

by Kelly on November 4th, 2006

In what can only be considered one of the most anticlimatic stories in a long while, Wesley Snipes has reportedly settled his tax fraud case with the Internal Revenue Service.  In doing so, Snipes will avoid any jail time and the Service has agreed not to interfere with the filming of his current film, Gallowalker, while he is in Namibia.

While the details of the settlement have not been confirmed, and will likely not be made public due to tax privacy laws, speculation is that Snipes agreed to a payment plan to resolve the $12 million tax liability.

Apparently, Snipes had better legal advisors than Richard Hatch.

POSTED IN: taxes of the rich and (in)famous

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