The Internal Revenue Service has filed suit in U.S. Tax Court against three-time Indianapolis 500 champion Helio Castroneves after he won a high-profile victory against the IRS two years ago and paid $5 million in taxes.
Castroneves was acquitted in 2009 of six counts of tax evasion after the IRS claimed he owed back taxes on earnings between 1999 and 2004 (see
After the trial, Castroneves gave the IRS a $5 million check to pay taxes on about $15 million in previously deferred licensing income from the Penske Racing team.
However, the IRS now claims that Castroneves owes an additional $3.6 million in taxes and $2.7 million in fraud penalties on the same income that was in dispute in the earlier case, according to the