Walt Anderson:

“American Tax Cheat” TV

on CNBC April 14 @9 pm

$1/4 billion tax owed

before you count interest:
$1/2 billion with interest
Tangled Skein 200 http://tangledskein200.wordpress.com
April 2011
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 CNBC April 14 at 9 pm

Walter Anderson
featured in
“The American Tax Cheat”

http://www.cnbc.com/id/42192642
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“The American Tax Cheat” on CNBC

http://www.cnbc.com/id/42192642

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How Much Does Anderson Owe?
$248,962,929 interest through 3/7/2011
+ $247,482,114 for the years 1998 and 1999
= $496,445,043 Owed to IRS
by Tax Evader Walt Anderson

$496,445,043 owed to IRS [includes interest to 3/2011]

+ $23,000,000 owed to D.C. [before interest]

= $519,445,043 owed

http://federaltaxcrimes.blogspot.com/2011/02/walter-anderson-fight-continues.html
Addendum on 3/30/11: By decision document dated 3/7/11, the Tax Court determined deficiencies and
fraud penalties (75%) in the aggregate amount of $247,482,114 for the years 1998 and 1999. Interest on
those amounts would double it (my rough and ready interest calculation shows aggregate interest on those
amounts of $248,962,929 calculated through 3/7/11, and of course interest continues until paid

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CNBC TV on April 14, 2011 9 pm

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 Owes More than $1/2 BILLION

$248,962,929 interest
+ $247,482,114 tax and evasion penalty
= $496,445,043 Owed to IRS
+ $23,000,000 owed to D.C. [before interest]

= $519,445,043 TAX BILL

http://federaltaxcrimes.blogspot.com/2011/02/walter-anderson-fight-continues.html
Addendum on 3/30/11: By decision document dated 3/7/11, the Tax Court determined deficiencies and fraud penalties (75%) in the aggregate amount of
$247,482,114 for the years 1998 and 1999. Interest on those amounts would double it (my rough and ready interest calculation shows aggregate interest on those
amounts of $248,962,929 calculated through 3/7/11, and of course interest continues until paid
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CNBC TV on April 14, 2011 9 pm

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$1/4 billion tax owed if you count interest
http://federaltaxcrimes.blogspot.com/2011/02/walter-anderson-fight-continues.html

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 March 2011: Tax Court Decides $247.5 million
tax deficiency and penalties
U.S. Tax Court decision http://www.scribd.com/doc/51752499/Anderson-Tax-Court-Mar-7-2011

http://www.cnbc.com/id/42192642

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March 2011: Tax Court Says $247.5 million Owed
U.S. Tax Court decision:
http://www.scribd.com/doc/51752499/Anderson-Tax-Court-Mar-7-2011

http://federaltaxcrimes.blogspot.com/2011/02/walter-

anderson-fight-continues.html

“By decision document dated

3/7/11, the Tax Court
determined deficiencies and
fraud penalties (75%) in the
aggregate amount of
$247,482,114 for the years
1998 and 1999 “

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CNBC TV on April 14, 2011 9 pm

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DOJ Press Conference Video 2005
The 2005 Tax Evasion Fraud Indictment is posted on Web:

http://www.c-spanvideo.org/program/185694-1

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 United States Department of Justice Documents

2007 Sentencing

2005 Indictment
“Over a five-year period, Walter Anderson
personally earned nearly a half billion dollars
through investments in business ventures he
conducted through offshore corporations he
set up to make it appear that he was not
personally earning these amounts. “

http://www.cnbc.com/id/42192642

http://www.c-spanvideo.org/program/185694-1 13
CNBC TV on April 14, 2011 9 pm
http://www.cnbc.com/id/42192642

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 Walter Anderson also Ranks in TIME and
Investopedia Tax Cheats

Investopedia Tax Cheats

ranks Walter Anderson
above Al Capone

Walter Anderson
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 Walter Anderson
“3 biggest tax evaders of all time”

Creditloan.com ranks Walter Anderson in 3 largest all-time tax evaders

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 See Walt Anderson on facebook
facebook’s “12 Most Notorious Tax Evaders of
All-Time” ranks Walter Anderson #1

www.facebook.com/note.php?note_id=252961764631
http://

Time Magazine’s account of the 2005 probe

http://www.time.com/time/specials/packages/article/0,28804,1891335_1891333_1891331,00.html
according to the Washington Post
http://www.washingtonpost.com/ac2/wp-dyn/A5506-2005Mar3?language=printer

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Section 501 record of “Smaller World Trust” ?

Section 501
registration for
“Smaller World
Trust” charity?

IRS had none.

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 $1/2 billion Tax Liability Could Maybe Have
Settled for as little as $10 or $15 million

• From $184 million deficiency 1995-1999

owed according to 2005 criminal
indictment, perhaps as little as $10 million
net of business losses might have been
payable by Anderson in settlement IF he’d
paid on time.

• Now Anderson owes in excess of $1/2

billion to USA and D.C. District. $184 million 5 years’
years’ deficiency in earlier summary

http://tangledskein200.files.wordpress.com/2010/05/2010-tax-litigation-criminal-fraud-walt-anderson.jpg
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CNBC TV on April 14, 2011 9 pm

http://www.cnbc.com/id/42192642

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