TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Thursday, September 19, 2013

Founder of Beanie Babies to Plead Guilty to Tax Evasion

BeanieBabiesTy Warner, CEO of Ty Inc., which makes Beanie Babies, has agreed to plead guilty to tax evasion and pay $53.6 million in penalties in one of the largest offshore tax evasion cases in history.  He tried to enter the IRS's Offshore Voluntary Disclosure in 2009 but was rejected because he was already under investogation.

http://taxprof.typepad.com/taxprof_blog/2013/09/founder-of-.html

Celebrity Tax Lore, Tax | Permalink

Comments