When a Space Billionaire Doesn't Pay His Taxes! Pt1

This video reveals that Walter Anderson, a telecommunications entrepreneur, was indicted on 12 counts of tax fraud by a Federal grand jury. Anderson is accused of evading $170 million in federal income taxes and obstructing the IRS investigation. He set up offshore shell corporations to hide his assets and hired corporate service companies in the British Virgin Islands to serve as directors so he could not be identified as the owner. Despite earning over $450 million in income from successful business ventures, Anderson never paid the taxes he owed, including $40 million to the District of Columbia and over $250,000 in use taxes for luxury items.

Thanks for watching! Please Like, Comment, or Subscribe for more videos!
This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon.com