Actor Wesley Snipes joins the Wyly brothers, one of Presidential Pioneer fame in defrauding the government of taxes owed. The actor has been charged with eight counts of tax fraud, while the Wyly’s practices simply took up 2/3 of a 300 page Congressional report. Is a $100,000 contribution to the Bush/Cheney ticket the reason for the difference?
Ironically their tax advisors shared opposing advice. The Wyly’s were led to belief conducting transactions offshore sheltered them from taxation while Wesley Snipe’s “accountants” advised only foreign income required paying taxes.
The Wyly’s used their Bermuda company to shelter transactions from domestic taxes. As Wesley Snipes cannot be found, might he be hanging out with Sam or Charles trading tax advice?