Court Arraignment for Tax Evasion Reset for the 11th Time

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The IRS stand by their policy that everyone should abide by their obligation to pay taxes. Chief Justice Renato Corona had his arraignment reset for the 11th time. He will be charged for failing to file income taxes for six years: 2003, 2004, 2005, 2007, 2008, and 2010.

Corona also has eyes centered on him with respect to his connection to a perjury case in which he was alleged misdeclaration of assets in his SALNs. The years in question are form 2001 through 2011.

In essence, tax evasion is the act of illegally trying to avoid, or avoiding, paying taxes. Forms of misrepresentation can include, but are not limited to, underreporting income, hiding money, or inflating deductions for gain. For those involved in an illegal enterprise, tax evasion and failing to report personal incomes can pull that person in life quicksand. At some advanced stage of nondisclosure, people may feel that reporting their true income would serve as an admission of guilt.

If a tax evasion crime is to proven, an unpaid tax liability as to first exist. It may also have to be proven that a defendant attempted to evade paying their taxes. Tax laws are complex. It makes sense to consult with an expert concerning tax laws.

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