The Cellar - View Single Post - Want to leave the country? It ain't easy!

THE SLAYER · 01-19-2005, 01:31 PM

One Other thing, If (drug, Mafia, etc) busness is illegal, then is that said busness taxable? and If the (profits) money earned, is not legal, is that Taxable... Because (and I'll admit, watching too much scarface,) then Requireing you to Report your "illegal Busness" would definately violate your 5th amendment. and if you did not try to hide it (willfulness) then you would only be required to pay whatever is taxable (wich would be their requirment to prove, (and not just that you had money, but that its taxable.) and yes, they could actually prosecute you for the crime, and take all money and (profites, like your house, car ext.) but what if they don't have enough evidence to prosecute, and just want tax evasion.... would that (hipothetically) work against them?

01-19-2005, 01:31 PM	#34
THE SLAYER Recruit or Something Join Date: Jan 2005 Posts: 4	The Tax Crack 2 One Other thing, If (drug, Mafia, etc) busness is illegal, then is that said busness taxable? and If the (profits) money earned, is not legal, is that Taxable... Because (and I'll admit, watching too much scarface,) then Requireing you to Report your "illegal Busness" would definately violate your 5th amendment. and if you did not try to hide it (willfulness) then you would only be required to pay whatever is taxable (wich would be their requirment to prove, (and not just that you had money, but that its taxable.) and yes, they could actually prosecute you for the crime, and take all money and (profites, like your house, car ext.) but what if they don't have enough evidence to prosecute, and just want tax evasion.... would that (hipothetically) work against them?