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Joe Francis

Record-Breaking Tax Debtor

11/18/2009 8:20 PM PST BY TMZ STAFF

The IRS wants some serious "Girls Gone Wild" money, because they've filed a lien against Joe Francis for a whopping $33,819,087.14 ... this according to documents obtained by TMZ.

1118_joe_francis_doc_launch_ex-1

The Federal Tax Lien doc was filed today. The IRS claims Joe owes the money for 3 years of back taxes -- 2001, 2002 and 2003. In 2001, the IRS says Joe didn't pay $17,658,358. In 2002, the delinquency is $11,238,582.14, and in 2003, he owes $4,922,147.

It was less than 2 weeks ago that Joe got out of a sticky federal tax evasion case by copping a plea and avoiding prison.

Joe told TMZ, "I have no idea what it is." He says he does not owe the money and, "This is total retaliation for me beating them in court." Joe says the law the IRS is using hasn't been used against anyone in 20 years.

Joe says yesterday, the feds seized more than $100,000,000 in cash accounts of his.

Joe says the IRS is forcing him to file for personal bankruptcy, which he will do tomorrow.

91 COMMENTS

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16.

Angela    

I guess I shouldn't expect TMZ viewers to know what they are talking about before they start spewing their "expert advise"! Just to set you guys straight, income taxes are dischargeable in a bankruptcy if it has been over 2yrs of the filing date. Taxes were for 2001-2003 meaning the last one would be due on April 15, 2005. So if he did file it on time, it would be discharged, therefore the IRS wouldn't be able to collect. Now you TMZ minions can go back to playing Farmville or whatever it is you do these days.

1611 days ago
17.

CHICKEN LOVER    

balls

1611 days ago
18.

Chris G.    

No doubt the IRS is being vindictive, but that's how they roll. If you owe, they've got you. By the way, you can't go to jail for failure or refusal to pay taxes, only for tax evasion. They can take just about everything you own, but they can't throw you in jail if your only crime is failure to pay.

1611 days ago
19.

CHICKEN LOVER    

TELEPHONE POLE

A utility pole, alternately referred to as a telephone pole, power pole, telegraph pole or telegraph post (all names commonly misused colloquially, as these names refer to their specific equipment), is a (usually wooden) pole used to support overhead wire, cable, fiber optic cable, and related equipment such as transformers and street lights. A single pole is often used to support both electric power distribution lines and telecommunications cables, as well as their associated equipment. Wire and cable are routed overhead as a relatively inexpensive way to keep them insulated from the ground and each other, and out of contact with pedestrians or vehicles. Utility poles were first used in the mid-1800s with telegraph systems.

Utility poles are commonly used to carry two types of electric power lines:[1] distribution lines (or "feeders") and subtransmission lines. Distribution lines carry power from local substations to customers. They generally carry voltages from 4.6 to 33 kilovolts (kV) for distances up to thirty miles, and include transformers to step the voltage down from the primary voltage of the lines to the lower secondary voltage used by the customer. A service drop carries this lower voltage to the customer's premises. Subtransmission lines carry higher voltage power from regional substations to local substations. They usually carry 46 kV, 69 kV, or 115 kV for distances up to 60 miles. Voltages of 230kV can be placed on two- or three-pole towers. Transmission lines carrying voltages of above 230kV are usually not supported by poles, but by metal pylons (known as transmission towers in the United States).

For economic or practical reasons, such as to save space in urban areas, a distribution line is often carried on the same poles as a subtransmission line but mounted under the higher voltage lines; a practice called "underbuild". Telecommunication cables are usually supported by the same poles that support the power lines; poles arranged in this fashion are known as joint poles. However, they may also have their own dedicated poles.

1611 days ago
20.

NiChar    

"Feds gone wild" LOL KARMA - for all those YOUNG ladies and their parents.

1611 days ago
21.

Nicole    

Looks as if no amount of free titties will get the IRS to let him off the hook....

I always knew the IRS was ran by my 3rd grade Catholic school nun...

1611 days ago
22.

TIm    

I think this guy is a complet jerk and ego maniac. He prays on drunk college kids. I hope they get him Check this out if you like real entertainment: http://stores.homestead.com/TJWVideoltdcom/StoreFront.bok

1611 days ago
23.

Only marry foreign women    

Having the IRS after your money is like getting a divorce dude. I'll gone.

1611 days ago
24.

fastdriver    

HOW does ANYONE get away with NOT paying taxes and end up owing that much from YEARS ago and nothing happens until NOW? If it was Joe Blow from Main St. and didn't pay his taxes for all those years he'd be in jail!

1611 days ago
25.

THaus    

"Feds seized over $100M yesterday"....huh? If you had that much coin in the bank Joe then how could that not pay your $33M tax debt...leaving you with $66M...and thus, no more IRS problem.
Sounds like Joe is lying his a** off about how much they really seized. Probably more like $1M-$10M!
poor little rich kid now joe

1611 days ago
26.

Never was a fan of Maya    

@ #17. ... "Just to set you guys straight, income taxes are dischargeable in a bankruptcy if it has been over 2yrs of the filing date. Taxes were for 2001-2003 meaning the last one would be due on April 15, 2005. So if he did file it on time, it would be discharged, therefore the IRS wouldn't be able to collect". Posted at 6:55PM on Nov 18th 2009 by Angie

------------------------

Angie -

What if Joe never filed tax returns for the years in question - would he still be off the hook?

1611 days ago
27.

Angela    

Not a fan of deadbeats: No, the tax returns would need to be filed in order to be discharged.

1611 days ago
28.

LearnedOne    

Hi Angie...no Farmville here - just a bankruptcy lawyer.

And by the way, genius, it's ADVICE not ADVISE. Get a dictionary and grammar check, nimrod.

1611 days ago
29.

Never was a fan of Maya    

Angie - Hmmm, this could get interesting then.

Thanks!

1611 days ago
30.

LearnedOne    

Regardless of when the taxes are filed, timely or not, they can go back TEN YEARS. The due date of 2005 and when actual tax year don't have anything to do with each other - totally irrelvant. If he falsified records or did not pay sufficient tax on earnings, the IRS goes back to the earliest period of discrepancy, regardless of how far back.

I pray you are not a CPA.

1611 days ago
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