TaxCorporate TaxGirls Gone Wild mogul denies evasion charges

Girls Gone Wild mogul denies evasion charges

Soft-porn video mogul denies charges, saying he was the victim of an IRS whistleblower scheme

Soft-porn video mogul and creator of ‘Girls Gone Wild’ Joe Francis has denied
charges of tax evasion in Los Angeles.

Francis allegedly claimed more than $20m in phony business expenses on his
corporate returns in 2002 and 2003,
the
LA Times reported
.

The video mogul claims he is being pursued because of what he does for a
living, and that he was the victim of a whistleblower program run by the IRS.

His returns were prepared by his accountant, who then reported his own
‘accounting mistakes’ to the IRS in exchange for bonuses.

‘This ain’t ‘Girls Gone Wild. This is the IRS gone wild,’ said Robert
Bernhoft, Francis’ attorney.

Further Reading:

Read
the LA Times story

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

2m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

2m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson