Lavish Spending Doesn't Equal Tax Evasion, 9th Circ. Says - Law360 (subscription)

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<table border="0" cellpadding="2" cellspacing="7" style="vertical-align:top;"><tr><td width="80" align="center" valign="top"><font style="font-size:85%;font-family:arial,sans-serif"></font></td><td valign="top" class="j"><font style="font-size:85%;font-family:arial,sans-serif"><br /><div style="padding-top:0.8em;"><img alt="" height="1" width="1" /></div><div class="lh"><a href="http://news.google.com/news/url?sa=t&fd=R&ct2=en_ie&usg=AFQjCNE7aqCoTCBPUoUCoKD2g4ZyblNuMw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=dl8YVODlJ-TkigasyIGoDg&url=http://www.law360.com/articles/577381/lavish-spending-doesn-t-equal-tax-evasion-9th-circ-says"><b>Lavish Spending Doesn&#39;t Equal Tax Evasion, 9th Circ. Says</b></a><br /><font size="-1"><b><font color="#6f6f6f">Law360 (subscription)</font></b></font><br /><font size="-1">The U.S. Internal Revenue Service went after William M. Hawkins III for using KPMG tax shelters to hide capital gains from selling his massive amounts of Electronic Arts stock in the late 1990s. During the dispute, Hawkins&#39; company, <b>3DO</b>, tanked and <b>...</b></font><br /><font size="-1" class="p"></font><br /><font class="p" size="-1"><a class="p" href="http://news.google.ie/news/more?ncl=dsOKz99RIEeXGOM&authuser=0&ned=en_ie"><nobr><b></b></nobr></a></font></div></font></td></tr></table>

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