Sunday 30 June 2013

Some Celebs Go To Jail For Tax Evasion.


FAT JOE, DOLCE&GABBANA, LAURYN HILL GO TO JAIL FOR TAX EVASION.

                Ok, so lately, I've noticed that's lots of celebrities have been evading taxes. Not just regular celebs bust mostly the well to do ones. I'm kinda confused because really, with all the money they are getting, they shouldn’t still be avoiding taxes. I'm not out to judge no one yeah, but I guess I'm just being logical here.

                First off, I heard Barcelona’s Lionel Messi and his father have accused of allegedly defrauding more than 4 million euros ($5.3 million) in income tax returns for the years 2007, 2008 and 2009. Wow. The Spanish tax authorities are investigating claims that the four-time Ballon d’Or winner and his father, Jorge Horacio, have avoided paying the charges due from sales of the 25-year-old's image rights by operating through companies based outside of the country.

Messi moved quickly to deny the claims, and in a statement released via his official Facebook account, He said: "We have learned through the media about the claim filed by the Spanish tax authorities."We are surprised about this news, because we have not committed any infringement. We have always fulfilled all of our tax obligations, following the advice of our tax consultants, who will take care of clarifying this situation.” Under Spanish law, Messi could face a maximum penalty of six years in prison if found guilty.

Fat Joe

                Also, American hip hop artist Joseph "Fat Joe" Cartagena was sentenced on Monday to four months in federal prison and fined $15,000 for failure to file tax returns on more than $3.3 million in income.

Fat Joe who is 42-years old faced the possibility of up to two years in prison after pleading guilty in December to two counts of failing to file with the Internal Revenue Service. He however paid $718,000 in back taxes prior to his sentencing and for his charitable work.

Fat Joe apologized to his family and friends, saying he let them down. He said his 6-year-old daughter was being taunted in school by classmates who said her father was going to jail (eyah). His income came from three companies, including Somerville, N.J.-based Terror Squad Production Inc and Miramar Music Touring, which he owned.

Lauryn Hill

Lauryn Hill has also been sentenced to spend 3 months in FEDERAL PRISON for tax evasion … even though she claims she paid off her nearly $1 million bill to Uncle Sam before sentencing. A judge in Newark, New Jersey dished out the sentence moments ago ... and told Hill that after she completes her stint behind bars, she'll spend 3 more months on house arrest ... followed by 9 months of supervised release.

The 37-year-old former Fugee pled guilty last year to three counts of tax evasion for failing to file returns on $1.8 million she earned from 2005 to 2007. Lauryn's attorney asked for mercy because of her charity work and 6 kids ... but the judge wasn't buying it.

Read more: http://www.tmz.com/2013/05/06/lauryn-hill-prison-tax-evasion-sentenced/#ixzz2XVD0Ha5G

Dolce and Gabbana

                A Milan court has convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. Dolce and Gabbana were found guilty last week of failing to declare $1.3 billion in income to authorities. The court sentenced them both to one year and eight months in jail. Prosecutors argued that the pair had evaded taxes on income of 416 million euros ($557 million) each and 200 million euros ($267 million) through a Luxembourg-based company. The statute of limitations ran out on a charge of misrepresenting income. The designers have denied the charges. Two years ago, a judge threw out a tax evasion and fraud case against the pair, whose label Dolce&Gabbana is a Milan fashion mainstay. Italy's high court later ruled the designers could be prosecuted for tax evasion, though not for fraud.

So I guess these folks are just avoiding tax payment because of the huge amount they have to pay.

Drop your comments below and let’s rub minds on this issue.

By @YemzDgogeta_YMC



 



 

1 comment:

  1. Hay fat joe,u just gave 50cent sumtin to diss u abt. And by d way, plz don't drop the soap. Lol

    ReplyDelete