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How Tiesto's celebrity tax attorney hid $100M in income for his client list of millionaire DJs and models

The article from MSN Money discusses how celebrity tax attorney William Sharp, known for representing high-profile clients like DJ Tiësto, allegedly helped his clients, including millionaire DJs and models, hide over $100 million in income. Sharp, who was indicted on charges including conspiracy to defraud the United States, allegedly used a complex scheme involving offshore accounts and shell companies to evade taxes. His methods included setting up foreign entities in places like the British Virgin Islands and Switzerland, which allowed his clients to underreport their income. The IRS, after a long investigation, uncovered these practices, leading to Sharp's legal troubles. The article highlights the broader implications of such tax evasion schemes, noting that while these strategies might be legal in some jurisdictions, they raise ethical and legal questions in the U.S., where tax evasion is a serious crime.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/how-tiesto-s-celebrity-tax-attorney-hid-100m-in-income-for-his-client-list-of-millionaire-djs-and-models/ar-AA1z6zoZ ]