Celebrity tax troubles, high-profile scandals, and what the ultra-wealthy get away with — or don’t — when it comes to taxes.
Sooo… Elizabeth Taylor reportedly tried to do it. Ditto Madonna and, if you believe the rumors, the rock group U2. Yeah, you know what I’m talking about: moving to avoid taxes. It’s not just the US with complaints about taxation. Many countries in the EU routinely complain about their high rates of taxation, among the…
In yet another twist to the Wesley Snipes tax trial, Mr. Snipes has turned himself in to authorities in the US. Snipes took a break from filming “Gallow Walker” in Namibia to answer federal charges, including tax fraud. A judge granted Snipes $1 million bond after he pleaded not guilty to the charges. Snipes will be allowed…
What’s worse than potentially cheating the US government out of millions of dollars? Whining about it. Yes, you guessed it. There’s more news on Wesley Snipes to report. Wesley Snipes was previously indicted for allegedly claiming more than $12 million in fraudulent refunds and not filing any tax returns for several years. A warrant for…
Despite published rumors to the contrary, and as posted here on taxgirl.com, the prosecution has not reached a deal in the Wesley Snipes tax case: there is no settlement. According to the Tampa Tribune, Assistant U.S. Attorney Robert O’Neill, who is prosecuting Snipes and two co-defendants advised that the story which first broke in Variety…
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…
While Wesley Snipes continues to film in Namibia, one of two men indicted with him was scheduled to appear in a Florida federal court today. Eddie Ray Kahn, the founder of Guiding Light of God Ministries and American Rights Litigators, was indicted last month on charges related to promoting tax evasion schemes. He had previously…
Officials have confirmed that Wesley Snipes, who has an arrest warrant pending in the United States for tax evasion, is currently filming a movie in Namibia (yes, of Angelina and Brad fame). He is reportedly filming a movie in the Namib desert, though the film company would not comment. There is no extradition treaty between…
Well, it appears to be over, the “it” being the fight over guardianship of multimillionaire socialite and philanthropist Brooke Astor. Anthony Marshall, who had been acting as his mother’s guardian, has been “permanently removed” as the guardian of her multimillion-dollar estate. Marshall’s replacement will be Annette de la Renta and JPMorgan Chase Bank, acting together…
Guest Blogger: Madeline M. Martin While perusing one of my favorite serious legal periodicals, “In Touch” magazine, I noticed a short article regarding the taxes associated with the “gift bags” given to celebrities at the various awards ceremonies. As they accurately reported, the bags, and everything in them are not mere gifts (just ask Oprah)…
So maybe we were all wrong after all. After I posted that Tori Spelling stood to inherit a “significant portion” of her father’s estate, we find out that’s not necessarily true after all. Us Weekly is now quoting sources that say that 33-year-old Tori will inherit just $800,000 of her father’s estimated $500 million estate as…