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Wednesday, January 30, 2008

Jury is out in Snipes tax trial

The jury in actor Wesley Snipes' tax fraud and conspiracy trial in Florida has retired to consider its verdict.

He is accused of failing to pay tax on $58m (£29.1m) of income from 1999 to 2004, and could face 16 years in jail.

Mr Snipes and two co-defendants deny eight charges in one of the US tax service's biggest ever cases.

Lawyers for Mr Snipes admitted he was "dead wrong" and should have to pay the money back. But they insisted there was no fraud and no need for a trial.

The jury has heard how Mr Snipes stopped paying federal income tax in 2000, and then allegedly sought $12m (£6m) in illegal refunds.


http://news.bbc.co.uk/2/hi/entertainment/7217017.stm

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