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Thread: Hal Steinbrenner a Tax Cheat

  1. #1

    Hal Steinbrenner a Tax Cheat

    U.S. seeks $670,000 in taxes from Yankees owner
    NEW YORK (Reuters) - The U.S. government has sued New York Yankees co-owner Hal Steinbrenner and his wife seeking more than $670,00 in taxes, saying that amount was erroneously refunded to the baseball team based on a late refund claim for the 2001 tax year.

    The suit filed by the Internal Revenue Service in U.S. District Court in Tampa, Florida, on Tuesday stems from a time when the Yankees and the New Jersey Nets professional basketball team formed a joint venture called YankeeNets.

    Hal Steinbrenner is listed as a general partner of the Yankees along with his siblings, who inherited the team when their father and longtime owner George Steinbrenner died in 2010. Hal Steinbrenner's wife Christina Steinbrenner is not listed among the team's executives.

    In August of 2009, the defendants filed an amended tax return for the 2001 tax year, resulting in a refund of $670,493.78, the suit said. But the return was filed more than six months after the deadline, resulting in an erroneous refund, the suit said.

    "Hal Steinbrenner's representatives had no knowledge of the lawsuit and had received no prior notices regarding this matter from the IRS or any other governmental agency. We are reviewing and have no comment," Alice McGillion, a spokeswoman for the Yankees, said in a statement.

    (Reporting by Daniel Trotta; Editing by Jerry Norton)
    http://news.yahoo.com/u-seeks-670-00...205415952.html

  2. #2
    Sensationalist title is lol worthy.

    Thread doesn't even deserve a serious reply.

  3. #3
    Jets Insider VIP
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    I have a question: if Steinbrenner's amended return was filed past the deadline (years after), why was he issued a refund in the first place? Is the IRS that craptastic that they couldn't have just rejected it?

  4. #4
    All League
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    Still better than the Wilpons.

  5. #5
    Quote Originally Posted by AlwaysGreenAlwaysWhite View Post
    Sensationalist title is lol worthy.

    Thread doesn't even deserve a serious reply.
    Where there is smoke there is fire.

  6. #6
    Quote Originally Posted by Ernie View Post
    Where there is smoke there is fire.
    Where there is a dumbass thread in the baseball forum there is you.

  7. #7
    Quote Originally Posted by Santonio View Post
    Where there is a dumbass thread in the baseball forum there is you.
    Your personal attack has been reported. Happy New Year.

  8. #8
    Quote Originally Posted by Ernie View Post
    Your personal attack has been reported. Happy New Year.
    PM me if you wanna know what the mods said in turn to your report

  9. #9
    Board Moderator
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    Quote Originally Posted by Santonio View Post
    PM me if you wanna know what the mods said in turn to your report
    I've tweaked the system so that Ernie's reported posts go directly to Dr. Moga's pager.

    The irony in this thread made my cat laugh.



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