Attorney Preet Bharara said.
Daugerdas, of Wilmette, Ill., faces up to 58 years in prison when sentenced next March. His lawyer didn't return messages seeking comment. A codefendant at trial was acquitted of all charges. Authentic Craig Stevens Jersey
The tax shelters, prosecutors said, were marketed from 1994 through 2004 to the wealthy and wellconnected, including the late sports entrepreneur Lamar Hunt, trust fund recipients, investors, a grandson of the late industrialist Armand Hammer and a man who was one of the earliest investors in Microsoft Corp.
Others have been convicted in connection with the scheme. In March, a former attorney in the law firm was sentenced to eight years in prison and was ordered to pay $190 million in restitution.
Daugerdas made $95 million in fees from creating and marketing tax shelters for wealthy clients but paid less than $8,000 in taxes when he owed more than $32 million, prosecutors said.
NOBEL PRIZE TAX
Being rewarded for helping bring world peace or writing a great novel can cost you. The "Nobel prize" taxin reality it also applies to other prizes such as the Pulitzeris a tax levied against the money a prizewinner receives. Unless, that is, he or she chooses to give it all to charity.
ILLEGAL DRUG TAX
Often referred to as the "crack tax," this tax targets possession of illegal drugs such as marijuana and cocaine. Over 20 states currently have such taxes on the books. When you pay the tax in Tennessee, you even receive stamps to attach to your illegal substances as proof of payment. And, not to worry, you don't have to identify yourself in order to pay the tax. Still, do people voluntarily pay the tax, thus admitting to possession? It appears not often, but Tennessee did collect $1.8 million from the tax in 2006; however much of that came from confiscated drugs on which, alas, taxes hadn't been paid.
BEARD TAX
Tsar Peter I was one of history's great tax enthusiasts. His taste in taxes was fairly eccentric, and he is know to have taxed everything from beehives to beards. In an effort to regulate his countrymen's appearance, Peter the Great introduced a special tax on the latter item in 1705. With the exception of the clergy, anyone with a beard was required to pay for the right to sport facial hair. Michael Griffin Titans Jersey
SODA FOUNTAIN DRINK TAX
If you are the type of person who infinitely prefers fountain soda to can soda, you may want to think again before moving to the Windy City. Chicago taxes can soda at 3%, but fountain soda at three times that amount, or 9%.
JOCK TAX
It seems even jocks get picked on by the IRS. 20 of the 24 states with a pro sports team require athletes to pay state income tax for each game they play there. The tax can be traced to the 1991 NBA Finals when the Chicago Bulls beat the LA Lakers, only to receive tax bills from California for the three games the team played there. While the tax applies to other kind of performers who do business in multiple states, it seems that athletes, with their high visibility and welldocumented schedules, are the easiest to target come tax time.
URINE TAX
The Roman emperor Nero levied a tax on the collection of urine in the 1st century (his successor, Vespasian, was also a fan of the tax, and applied it to all public toilets.) At least after collecting the urine from public latrines the Romans put it to good uselaunderers, for example, apparently found it useful as a source of ammonia for whitening togas.
SALT TAX
Salt taxes have appeared in various nations over the course of history, yet rarely have they been well received by those made to pay them. The French, the Chinese and the British all implemented them at some point.
WINDOW TAX
Also known as the "glass tax," it was introduced by William Pitt the Younger in eighteenth century England. Any property that had more than six windows was hit with the tax. Not surprisingly, many windows were brickedover as a result.