Michael Jackson's Former GM Pleads Guilty in Tax Evasion Charges
Thu, 23 Jun 2011 13:07:50
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The Associated Press reports that a former general manager for Michael Jackson has pleaded guilty for failing to file tax returns during the time she worked for the late pop star. Man, what it is with people and accountants involved with celebrities who don't follow standard tax rules?
The Justice Department says the GM, Raymone Bain, failed to pay income taxes owed from 2006 through 2008. During that period, she was responsible for daily operations of the Michael Jackson Co., including financial, public relations and marketing tasks.
Court documents put the tax loss between $200,000 and $400,000. Ouch! Uncle Sam does not like to be denied what's due him.
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