17 Mar 2009

Film Director Jailed for Tax Fraud

by Darren

Compliance with the tax law is critical for all. I will discuss this topic in more detail later but just to let the entrepreneurs out there know that it's not just the big corporations and executives who can be in trouble for not complying. On March 6 2009 a film director in Australia was jailed for 3 years 6 months for tax fraud. The film director tried to defraud the Commonwealth Government of Australia from AUD $9 million. The fraudulent activities took place over a 5 year period. The scheme involved tripling deductions for film production expenses.

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