Tax Court Sides With IRS In $23.5M Feud With Wesley Snipes

Law360 (November 1, 2018, 3:56 PM EDT) -- The U.S. Tax Court rejected an offer from actor Wesley Snipes to settle $23.5 million in income tax liabilities with less than 4 percent of the amount owed in cash, saying in a ruling Thursday that he had failed to prove a financial shortfall.

The Internal Revenue Service rejected actor Wesley Snipes' offer to settle his tax debt by paying 4 percent of what he owed. (AP) The star of the "Blade" trilogy and "White Men Can't Jump," who served three years in prison for unpaid taxes until his release into a monthslong house arrest in 2013, had told the Internal...

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