A taxpayer's guilty plea to failing to report income precludes him disputing a civil judgment requiring him to pay almost $250 million in taxes and penalties, a federal appeals court says.
September 11, 2012 at 06:29 PM
1 minute read
A taxpayers guilty plea to failing to report income precludes him disputing a civil judgment requiring him to pay almost $250 million in taxes and penalties, a federal appeals court says.
The Sept. 7 ruling in Anderson v. Commissioner of Internal Revenue, No. 11-1704, is one of first impression in the U.S. Court of Appeals for the Third Circuit.
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