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Volvo, Fidelity Among the Top Tax Cheats to the City
"We are facing a multi-million dollar budget deficit and before we have to cut any additional city services, I want to ensure we crack down on the most egregious tax cheats," said Councilwoman and City Controller candidate Wendy Greuel today of the city's new webpage calling out 16 businesses who owe the city more than $100,000 in taxes. Volvo owes over $112,000 and Fidelity, $165,000. But that's not the worst. A handful owe over a million dollars including United Valet Parking and company called Crystal Enterprises owes over $3 million. Before publishing the list (.pdf), the city sent out letters notifying the tax cheating business that they would be published. Five of them--at a total of $2.1 million-avoided publication by entering into settlement discussions with the City Attorney's office and one is under review.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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