Snipes' Prosecutor: No Deal in Place for Star

Despite published reports, the Tampa Bay, Fla., prosecutor in charge of the tax evasion case against actor Wesley Snipes says that his office has struck no deal with the star of the “Blade” trilogy.

According to a report in the Tampa Tribune, the actor has not settled the $12 million fraud case brought against him last month in connection with his returns from 1996 and 1997.

While industry publications published stories last week that Snipes has a deal with the U.S. Attorney's Office allowing him to avoid jail and continue acting, a U.S. assistant attorney said that the reports are not true.

Snipes had reportedly had his taxes for those years prepared by accountants with a history of profiting from filing false returns. Those men have been indicted on similar charges.

Snipes is reportedly filming the horror film "Gallowwalker" in Namibia, the same  African country where, coincidentally, one of the first men charged in the growing stock-options backdating scandal was recently extradited from.

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Tax research Tax planning
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