Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

8/7/2014 (2 months ago)

Catholic Online (www.catholic.org)

Actor claims he paid taxes in Utah due for sale of Sundance Channel

The actor who immortalized the Sundance Kid in "Butch Cassidy and the Sundance Kid" has got his dander up. He claims that he already paid taxes in Utah over the sale of his Sundance Channel - and that he doesn't owe any more money. In response, he has filed a lawsuit against New York State.

Actor Robert Redford claims that he already paid taxes in Utah over the sale of his Sundance Channel - and that he doesn't owe any more money.

Actor Robert Redford claims that he already paid taxes in Utah over the sale of his Sundance Channel - and that he doesn't owe any more money.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

8/7/2014 (2 months ago)

Published in Celebrity

Keywords: Robert Redford, taxes, Sundance Channel


LOS ANGELES, CA (Catholic Online) - The actor-director has filed a lawsuit against the New York State Department of Taxation and Finance in Albany County Supreme Court. The suit, filed July 30, claims that he's being overtaxed on money his company made when it sold off a stake in the channel in 2005.

According to Courthouse News Service, Redford is being taxed $1.6 million by New York ($845,066 in taxes plus $727,404 in interest owed) on the money he made. A resident of Utah, Redford says he paid taxes on the revenue in Utah and therefore doesn't owe New York.

SAVE Iraqi Christians from Genocide --

He is seeking "a declaratory ruling on a pure question of law concerning the constitutionality of imposing on plaintiff, a nonresident of the State of New York, a personal income tax on the gain derived from the sale of an ownership interest in a limited liability company," according to the complaint.

The lawsuit deals with the nuances of an "S corporation." The corporation isn't owned by a large amount of stockholders, but is closely held with profits passing to individual owners. These owners, in turn, report profits and losses on their own individual income tax.

Redford says he did that on his own personal tax returns in Utah from 2005. Redford is currently concerned about double taxation if forced to account for the passive S Corporation that once controlled Sundance Channel. Redford's complaint paints his corporate assets as not holding "any property, payroll or receipts, located in or deemed attributable to the conduct of a trade or business in New York."

Redford is asking for a judgment that he doesn't owe the money, plus attorneys' fees and costs.

Redford and his Sundance Channel partners NBCUniversal and CBS Corp. sold Sundance Channel to Cablevision's Rainbow Media in 2008. The network was later spun off and renamed AMC Networks, in a $496 million deal. The network was rebranded as SundanceTV earlier this year.

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for October 2014
Peace:
That the Lord may grant peace to those parts of the world most battered by war and violence.
World Mission Day: That World Mission Day may rekindle in every believer zeal for carrying the Gospel into all the world.



Comments


More Celebrity

Acclaimed actress arrested by L.A. cops who thought she was prostitute Watch

Image of Whatever the investigation will yield, there's little doubt that a lasting shame will linger over the fact that one of the stars of

By Catholic Online (NEWS CONSORTIUM)

Acting in an acclaimed film doesn't count or much street respect in Los Angeles, it appears. Actress Danielle Watts, who appeared as the slave maid "CoCo" in "Django Unchained" was mistaken for a prostitute by the Los Angeles Police Department while she kissed ... continue reading


James Bond villain 'Jaws' Richard Kiel dies at 74 Watch

Image of Richard Kiel was best known as the steel-toothed James Bond villain Jaws in

By Catholic Online (NEWS CONSORTIUM)

He was big: seven feet, two inches tall. He was not conventionally handsome. That didn't stop Richard Kiel from enjoying his career as a movie star. While he was in countless movies and TV shows, Kiel was probably best known as the steel-toothed villain "Jaws" ... continue reading


Funny lady takes final bow: Joan Rivers dies at 81 Watch

Image of Retirement was never an option for Joan Rivers, who claimed to think about death

By Catholic Online - (NEWS CONSORTIUM)

America's preeminent female comic, word of her failing health pushed news of wars across the globe from the headlines. The funny lady has taken her final bow, as comedienne Joan Rivers has died at the age of 81. LOS ANGELES, CA (Catholic Online) - "It is with ... continue reading


Actor, director and giant of British film Sir Richard Attenborough dies at 90 Watch

Image of Among other things, Sir Richard Attenborough was also credited with inspiring Diana, Princess of Wales, whom he coached in public speaking at Prince Charles's urging, to start her campaign against land mines.

By Catholic Online (NEWS CONSORTIUM)

A distinguished star of the British stages and the silver screen who later directed such sweeping film epics such as "Gandhi" in 1982, Sir Richard Attenborough has died at the age of 90. His death was confirmed by his son, Michael. LOS ANGELES, CA (Catholic ... continue reading


'Peyton Place' star Ed Nelson dies at 85 Watch

Image of While racking up countless movie and TV roles, it was Ed Nelson's turn on

By Catholic Online (NEWS CONSORTIUM)

"Peyton Place," the classic 1960s TV series, paved the way for other prime-time soaps such as "Dallas" and "Dynasty." Ed Nelson, who played the doctor on the classic TV series, has died at his North Carolina home. Nelson was 85. LOS ANGELES, CA (Catholic Online) ... continue reading


Spock's fiancée, 'Star Trek' star Arlene Martel dies Watch

Image of Leonard Nimoy tweeted his tribute to her:

By Catholic Online (NEWS CONSORTIUM)

In her prime, she dated the likes of Cary Grant and James Dean. Her swarthy, exotic beauty made her a favorite for casting directors. Arlene Martel has been granted a certain immortality for playing Mr. Spock's fiancée T'Pring in the class "Star Trek" TV ... continue reading


Legendary Silver Screen actress Lauren Bacall dies at 89 Watch

Image of Lauren Bacall was one of the last of an era of classic screen actresses that included Ava Gardner, Rita Hayworth, Lana Turner, Grace Kelly and Audrey Hepburn.

By Catholic Online (NEWS CONSORTIUM)

As an actress, she started things off right. She got to costar with Humphrey Bogart at the age of 19 in "To Have and To Have Not" in 1944. In that classic wartime drama she told Bogie that if he ever needed her, to whistle. She later walked Bogart down the ... continue reading


Beloved comic actor Robin Williams takes own life at age of 63 Watch

Image of Williams was one of the few small screen talents to successfully transition to movies.

By Catholic Online (NEWS CONSORTIUM)

As "Mork from Ork," Robin Williams would begin his comedic routine slowly and logically, eventually emptying out things at a manic pace, in the manner of the contents of the Great Lakes through a water pistol. As a serious screen actor, Williams retained his ... continue reading


'Sundance Kid' Robert Redford suing New York State over taxes Watch

Image of Actor Robert Redford claims that he already paid taxes in Utah over the sale of his Sundance Channel - and that he doesn't owe any more money.

By Catholic Online (NEWS CONSORTIUM)

The actor who immortalized the Sundance Kid in "Butch Cassidy and the Sundance Kid" has got his dander up. He claims that he already paid taxes in Utah over the sale of his Sundance Channel - and that he doesn't owe any more money. In response, he has filed a ... continue reading


Final girl from 'Texas Chainsaw Massacre,' Marilyn Burns, dies at 65 Watch

Image of No one screamed exactly like her. And scream she did - the final 45 minutes of the original 1974

By Catholic Online (NEWS CONSORTIUM)

No one screamed exactly like her. And scream she did - the final 45 minutes of the original 1974 "Texas Chainsaw Massacre" has her doing little else. Actress Marilyn Burns, the only survivor of said screen massacre was found dead in her Texas home at the age of ... continue reading


All Celebrity News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Ephesians 4:7-16
7 On each one of us God's favour has been bestowed in ... Read More

Psalm, Psalms 122:1-2, 3-4, 4-5
1 [Song of Ascents Of David] I rejoiced that they ... Read More

Gospel, Luke 13:1-9
1 It was just about this time that some people ... Read More

Saint of the Day

Saint of the Day for October 25th, 2014 Image

St. Daria
October 25: There is very little known about them. Chrysanthus was an ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter