ATTENTION TOM CRUISE: SCIENTOLOGY IS IN BIG TROUBLE

CruiseMedal

It looks like progress is finally being made toward Scientology losing its tax-exempt status – it’s being TALKED ABOUT! Alex Gibney, the documentary filmmaker responsible for HBO’s “Going Clear,” wrote an excellent editorial in the LA Times today titled “Scientology Should Not Be Tax-Exempt.” And boy, do we agree! He reasons that Scientology should not have their tax status revoked because it is not a “real religion.” It has a strange belief system – but so do other religions (virgin birth?) Gibney points out that to maintain the right to be tax exempt, religions must fulfill certain requirements for charitable organizations. They may not serve the private interests of any individual and activities must not be illegal or violate fundamental public policy. On these points alone, he says, Americans should not subsidize Scientology through tax exemption. Clearly, he has made a logical argument and we predict the downfall of Scientology is imminent. Click HERE to read the entire article.

Footnote: Since DONATIONS to Scientology are tax exempt, we predict all kind of problems for celebrity members if tax status changes.

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Posted by Janet on April 12, 2015

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Filed Under: Alex Gibney > Going Clear > LA Times > Scientology > Taxes

CROCODILE DUNDEE PAUL HOGAN FINALLY PAID HIS TAXES

Not many people are accused of owing 150 million in taxes so we were somewhat impressed to learn that Crocodile Dundee’s Paul Hogan was a wanted man in Australia. His first Crocodile movie pulled in around 328 million (although who really knows because the figures might have been jiggled a bit.) His two following Croc movies didn’t do as well but they made a nice profit. For the past seven years Paul has been pursued by the Australian income tax people. (He compared them to the Taliban.) He was accused of concealing money in offshore accounts. The issue was recently settled with no details forthcoming. Paul and his wife Linda have been living in Malibu and making even more money by buying and selling properties in the US. According to Richard Mineards at The Montecito Journal, the Hogans just sold a Santa Barbara beachfront property for 12.9 million, so who needs crocodiles…(Above with their son Chance, Linda Kozlowski and Paul Hogan)

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Posted by Janet on June 12, 2013

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Filed Under: Crocodile Dundee > Linda Kozlowski > Paul Hogan > Taxes

PAUL HOGAN SAYS HIS ACCOUNTANT STOLE $35 MILLION DOLLARS THAT HE HAD HIDDEN

We were amused to see that Crocodile Dundee star Paul Hogan got caught hiding 34 million dollars in a Swiss bank account to avoid paying taxes when his financial advisor stole it all! According to The Huffington Post, the Australian actor’s sneaky tax evasion backfired when his co-conspirator accountant absconded with the funds. The accountant’s tax firm is linked to the biggest tax evasion scheme in Australia, and Hogan has been dragged into it. Paul probably isn’t sweating it – last time the tax collector nabbed him (3 years ago) he owed a staggering $150 million in taxes and penalties!

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Posted by Janet on April 17, 2013

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Filed Under: Crimes and Misdemeanors > Paul Hogan > Taxes

DIONNE WARWICK HAS A HISTORY OF FINANCIAL HIJINKS

Don’t waste your sympathy on singer Dionne Warwick, who declared bankruptcy this week. Dionne was the Whitney Houston of her day and had 56 hit songs on the Billboard Hot 100 chart between 1962 and 1998. She was spokesperson for The Psychic Friends Network, and their TV ads with 900 numbers bilked gullible viewers out of untold millions from 1991 to 1998. Dionne earned well over 3 million dollars a year for that job. Later she founded The Warwick Foundation supposedly to raise money for AIDS, but an investigation proved that 90% of the money donated actually went to pay for Dionne’s fancy lifestyle and salaries for employees. The foundation dissolved in disgrace. Dionne owes the IRS and the state of California ten million dollars in taxes and we can only hope she pays up like the rest of us have to.

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Posted by Janet on March 27, 2013

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Filed Under: Bankrupt > Charity > Dionne Warwick > IRS > Taxes

WEALTHY FRENCH CELEBRITIES IRATE OVER 75% INCOME TAX ARE LEAVING!

We can’t help but wonder if there will be a mass exodus of celebrities and other wealthy citizens in France because their new 75% wealth tax starts next year. Anyone earning over $1.3 million is subject to the new tax and these taxpayers are outraged. (And we thought WE had it bad here!) Iconic actor Gerard Depardieu loudly attacked the government for the new tax and announced he is moving to Belgium. He was heavily criticized by politicians and the media. Karl Lagerfeld also voiced his anger and we can imagine many in the fashion industry are also upset. Alain Delon and Johnny Hallyday successfully relocated out of the country under the radar.

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Posted by Janet on December 20, 2012

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Filed Under: Gerard Depardieu > Karl Lagerfeld > Taxes

   

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