Celebrities, Movies, Rank Stupidity, Tax Law, Wesley Snipes, White-Collar Crime

Wesley Snipes Cuts a Deal with the IRS

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And aficionados of direct-to-video movies rejoice. UPI reports:

Hollywood actor Wesley Snipes will avoid any time in jail on tax fraud charges as part of a recent settlement with the Internal Revenue Service.

The 44-year-old star of the “Blade” film trilogy had been wanted in connection with his attempt to claim $12 million in tax refunds in 1996 and 1997, but worked out a deal that helped him avoid jail while setting up a payment plan, Daily Variety said.

So if you were hoping to hear about Snipes demonstrating his martial arts abilities on Bernie Ebbers, Jeff Skilling, and Walter Forbes, we’re sorry to disappoint you.
(But Snipes getting off without a prison sentence shouldn’t come as a huge surprise. Or at least it doesn’t to Ted Frank, who predicted as much last month.)
Snipes Avoids Jail Time with IRS Settlement [UPI]
Snipes Settles with IRS [Variety]
Snipes Settles Tax Fraud Charges, Will Avoid Jail Time [TaxProf Blog]
Earlier: White Men Can’t Jump — But They Can Nab You for Tax Evasion

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