RPT: All of Sharpton's For-Profit Enterprises Failed to Pay Taxes
A new report claims that every for-profit enterprise started by Rev. Al Sharpton has been shut down for failure to pay taxes.
The National Review’s Jillian Melchior reported on tonight’s “On the Record” that one business after another has been shut down for failing to comply with tax rules. Melchior said that all of his entities shut down for failure to pay taxes or file tax paperwork, then they reopened.
The New York Times reported months ago that Sharpton personally owes millions in back taxes.
Read more from the National Review report:
Records show that Sharpton’s beleaguered for-profit entities often overlap and intertwine, some sharing ties with the reverend’s nonprofit organization, National Action Network. Their financial records are copious, confusing, and sometimes outright bizarre, and together, they depict persistent financial woes for Sharpton, who also personally owes New York State nearly $596,000, according to active tax warrants.
“He clearly appears — based on the information that’s available to us — to have a history of noncompliance with tax obligations,” says Bernadette Schopfer, the director of taxation at New York’s Maier Markey & Justic, a certified public-accounting firm that has had no dealings with Sharpton or National Action Network. “It appears that [Sharpton] does not file [taxes for his businesses], and then opens up something else. At all the entities we see he has opened up, he has not been compliant with the obligations of the owner of a business. . . . He’s either willful in his behavior, or he’s just sloppy.”
Sharpton, who was traveling internationally, was unavailable for an interview, despite NRO’s numerous queries over several days.