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Latest Tax avoidance and tax evasion Stories

2009-01-28 04:20:00

EAGAN, Minn., Jan. 28 /PRNewswire/ -- It's that time of year again. In fact, consumers weary of the current economic state have probably had tax filing season on the mind for some time. Now consumers and small businesses looking for help this tax season can find credible information and resources on the new FindLaw.com 2009 Tax Center at http://taxes.findlaw.com. FindLaw.com (http://www.findlaw.com) is the most-visited Web site for free legal information and case law. The 2009 Tax...

2009-01-26 10:24:00

Tougher Stance by Mexico's Federal Government May Impact Companies Doing Business in Mexico CONCORD, Mass., Jan. 26 /PRNewswire/ -- According to the Mexico Tax, Law and Business Briefing: 2009, published this month by WorldTrade Executive, Inc., recent developments suggest that Mexico's Federal Government is taking a tougher stance regarding employee leasing companies. A common component of the corporate and tax strategy used by multinational firms doing business in Mexico, employee...

2008-07-16 03:00:02

Lee Kun-hee, former chairman of the global electronics giant Samsung, was found guilty Wednesday of tax evasion in a South Korean court. Lee, 66, was given a suspended three-year prison sentence, the South Korean news agency Yonhap reported. The court threw out more serious charges of breach of trust. It is difficult to say that the defendant committed breach of trust as he transferred corporate control to his son and heir apparent, Jae-yong, Seoul Central District Court Judge Min...

2006-06-13 18:39:27

ATLANTA (Reuters) - Former Atlanta mayor Bill Campbell was sentenced to 2 1/2 years in federal prison on Tuesday on charges of tax evasion. The two-term ex-mayor, who had been convicted of tax evasion in March after a U.S. corruption trial, was also ordered to pay a $6,000 fine and more than $60,000 in back taxes. He said he would appeal. "This is not justice," Campbell said on local television after his sentencing. "This is an abomination in terms of what we had expected and...

2006-05-16 12:51:09

By Richard C. Lewis PROVIDENCE, Rhode Island (Reuters) - Richard Hatch, the first winner of the hit reality-television show "Survivor," was sentenced on Tuesday to four years and three months in federal prison for tax evasion. Once described by a fellow contestant as a "snake," the $1 million jackpot winner on "Survivor" in 2000 also was ordered to undergo psychological counseling upon release and file amended income tax returns for 2000 and 2001 that fully reflect his winnings....

2006-05-16 12:43:43

By Richard C. Lewis PROVIDENCE, Rhode Island (Reuters) - Richard Hatch, the first winner of the hit reality-television show "Survivor," was sentenced on Tuesday to four years and three months in federal prison for tax evasion. Once described by a fellow contestant as a "snake," the $1 million jackpot winner on "Survivor" in 2000 also was ordered to undergo psychological counseling upon release and file amended income tax returns for 2000 and 2001 that fully reflect his winnings....

2006-03-03 18:13:37

SAN DIEGO (Reuters) - Former U.S. Rep. Randy "Duke" Cunningham, who pleaded guilty last year to taking $2.4 million in bribes, was sentenced to eight years and four months in prison by a federal judge on Friday. Cunningham was also ordered to pay $1.8 million in restitution for a tax evasion charge. The 64-year-old California Republican who tearfully resigned from Congress in November after pleading guilty to conspiracy and tax evasion, faced a maximum of 10 years in prison under a...

2006-02-14 12:10:00

WASHINGTON (Reuters) - U.S. taxpayers short-changed the government by a net $290 billion in 2001, a comprehensive study by the Internal Revenue Service said on Tuesday. "The magnitude of the tax gap highlights the critical role of enforcement in keeping our system of tax administration healthy," IRS Commissioner Mark Everson said in a statement. The results come from an extensive study of 2001 tax returns the IRS took three years to complete, the agency said. The total gap in 2001 was $345...

2006-01-26 13:34:45

In the Jan 24 PROVIDENCE story headlined "Survivor" Hatch to hear tax evasion verdict," please read in final paragraph ... CBS has said Hatch ... instead of ... CBS, a unit of Viacom Inc., has said Hatch. By David Ortiz PROVIDENCE, Rhode Island (Reuters) - Richard Hatch, the much-vilified first winner of the hit reality television show "Survivor," will know in a day if he survived a challenge that could send him to jail for a lifetime. A jury is expected to decide on Wednesday...

2006-01-25 16:31:37

By David Ortiz PROVIDENCE, Rhode Island (Reuters) - Richard Hatch, the first champion of the hit reality television show "Survivor," was convicted of tax evasion on Wednesday and faces up to 13 years in prison. The winner of the $1 million jackpot on "Survivor" on a South Pacific island in 2000 was handcuffed and taken into custody after U.S. District Judge Ernest Torres ruled that he was a potential flight risk. Hatch, a motivational speaker, was convicted of failing to pay taxes...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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