Snipes gets maximum sentence in tax case
OCALA, Fla., April 24 (UPI) — Despite pleas from a cavalcade of Hollywood stars, Wesley Snipes received the maximum penalty for tax fraud in a Florida court Thursday, officials said.
Snipes was sentenced by a U.S. District judge in Ocala, Fla., to three years in prison and faces fines of up to $5 million for federal tax evasion, the U.S. Department of Justice reported.
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Plan would use electronic bank records to help collect on tax debts
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Minnesota tax collectors want to enlist banks — and their electronic records — in their search for the assets of tax cheats.
The state Revenue Department is pushing a plan to collect an extra $10 million a year in outstanding taxes by making banks, credit unions, life insurance companies and money market mutual funds scan their records regularly and pass on data on tax debtors so the state can get its money.
Feds to judge: Give Snipes maximum penalty
WASHINGTON (CNN) — Federal prosecutors Tuesday urged a Florida judge to sentence actor Wesley Snipes to three years in prison and fine him $5 million to demonstrate to taxpayers that refusal to pay income taxes carries severe penalties.
Snipes is scheduled to be sentenced April 24 by U.S. District Judge William Hodges in Ocala, Florida, on three counts of failure to file federal income tax returns.
One week after vowing to crack down on “tax defiers,” the Justice Department filed court papers seeking the maximum penalty for the three misdemeanor counts on which Snipes was convicted.
“This case presents the court with a singular opportunity to deter tax fraud nationwide,” the government said in its sentencing recommendation…
The 35-page argument for the stiffest possible penalty ends with a dramatic flair.
“In the defendant Wesley Snipes, the court is presented with a wealthy, famous and inveterate tax scofflaw. If ever a tax offender was deserving of being held accountable to the maximum extent for his criminal wrongdoing, Snipes is that defendant,” it says.
The IRS is also seeking repayment of all taxes and interest through civil court proceedings.
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