Another Example of Tax Evasion: This time - Not paying employment taxes
November 30th, 2006The Edmonds-based Skipper’s seafood chain has filed for Chapter 11 bankruptcy protection — seeking to close five unprofitable restaurants, including one in Ballard, and resolve $1.9 million in unpaid employment taxes and IRS penalties.
Attributing the problems in part to efforts by the company’s finance director, Eric Li, to “cover up the accruing tax debt” through false financial reports to senior managers and owners.
