Al Pacino's Tax Lien Sleeps with the Fishes | AccountingWEB

Al Pacino's Tax Lien Sleeps with the Fishes

By Teresa Ambord
 
California can cross one celebrity off its deadbeat list. Al Pacino was into the Golden State for $31,706.04 (knowing what's good for him, the Godfather did not forget the extra four cents). The taxes related income from 2009 and 2011 and were the subject of a lien filed last May. 
 
In response, Pacino did something unusual. He simply . . . paid it. And on July 31, California lifted the lien. 
 
This isn't Pacino's first go-round with tax debt. In 2011, the IRS "leaned" on him for $188,283.50 related to income from 2008 and 2009. In that instance, Pacino was part of a Ponzi scheme which also caught other celebrities in a costly tax net. 
 
Pacino is famous for his gangster roles in The Godfather trilogy and Scarface
 
Now he's working on a movie called Imagine.
 
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