- Personal Finance
Celebrities and Tax Evasion
The singer of the defunct group The Fugees was convicted in a court in New Jersey to three months in prison and three house arrests for tax evasion. According to the prosecutor's office, between 2005 and 2007 a total income of $ 1.8 million from royalties, records and films, and another half a million between 2008 and 2009, adding up to 2.3 million, amounts not has not been declared.
On April 8, 2013 the Blade and "White men can't jump" actor was released after being sentenced to three years in prison for tax evasion. Apparently the actor did not file income tax returns between 1999 and 2006, meaning that around 38 million dollars that were not reported.
In 2010, we already know that Jennifer Lopez's ex-husband had been accused of failing to pay $ 3.4 million in taxes on a property in Long Island, New York. Marc Anthony said in a press release that its financial team arrived to an agreement to pay what he owed in taxes. Although this was not the first time that something was wrong. In 2007 he paid two million and a half dollars for taxes by not reporting their wages earned in five years.
The actor came to owe the State $ 13 million. In order to be able to pay the first payment of 6.3 million, he was forced to sell the luxurious mansion that was in the exclusive neighborhood of Bel-Air in Los Angeles. His economic problems began in 2002 when the Treasury stopped paying up 2004, and continued his flight until 2008.
Rapper Fat Joe pleaded guilty in court in New Jersey to evading the payment of taxes on $ 3 million, earned mostly from his performances and copyrights.Upon conviction, the artist agreed to pay the amount of $ 718.038 This figure corresponds to the taxes that were pending between 2007 and 2010. The judge also placed a $ 250,000 bond until the final judgment of the trial,
Dolce and Gabbana
The Italian designers were sentenced to one year and eight months are they were guilty of hiding hundreds of millions of euros to be paid in taxes.
The designers, who are almost as famous as the stars who wear their clothes, denied the charges. Given the complexity and length of the appeals process, is unlikely that they will spend time in jail.
Success corset dresses and tailored suits chosen by celebrities such as Kylie Minogue , Kate Moss and Bryan Ferry , among others, have given them glamorous lifestyles.
The case stems from an investigation that began in 2008, when authorities revealed a campaign against tax evasion while the financial crisis was beginning to emerge. However, the case involving the two designers is one of the highest profile that have gone to trial so far.
The ex Baywatch star has been struggling for years to solve her financial problems. In December 2012, both the IRS and California authorities had outstanding tax warrants totaling more than $370,000 against Anderson. Anderson, owes the federal government $ 259.396 for unpaid taxes in 2011.
It can be difficult to pay the tax collector when you are incarcerated and unable to earn money .However prison does not protect the ex-footballer, against whom there have been more than $500,000 in taxes owed. Simpson, who was famously tried-and acquitted-on charges of the murder of his ex-wife, Nicole Brown Simpson, and her friend Ronald Goldman, is serving a sentence for armed robbery and kidnapping. The government may try to take over some of his remaining assets or part of his pension from the NFL.
She sold part of her extensive wardrobe in December 2012 in order to get funds to pay part of the taxes she owed to the U.S. Treasury. Lohan's debt amounted to $ 233,904 for taxes not paid out in 2009 and 2010. However, sites reported that Charlie Sheen shows, a friend of the actress, gave $ 100,000 to help in the debt.
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