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NORTH OAKS: Couple, state in tangle on taxes NORTH OAKS: Couple, state in tangle on taxes
Pioneer Press ^ | Thu, May. 22, 2003 | CYNTHIA BOYD

Posted on 05/22/2003 2:29:45 PM PDT by Lijahsbubbe

Multimillionaire Robert Beale has a beef with the Minnesota Revenue Department. He wants the state to return his 30-room North Oaks house, two Audis and 41 guns, along with his wife's grandmother's silver tea set.

The state's tax collector seized those assets last month for what it says is nonpayment of about $800,000 in capital gains taxes, penalties and interest. The taxes stem from Beale's sale in 1998 of his interest in KLGT-23, a local television station.

Beale says that at the time of the sale — as well as now — he was a resident of Naples, Fla., and Minnesota can't impose capital gains taxes on a Florida resident. (Florida does not tax its residents' capital gains.)

Beale said he kept detailed records of his time in Minnesota and did not spend enough days in the state to be considered a resident.

(Excerpt) Read more at twincities.com ...


TOPICS: Business/Economy
KEYWORDS: northoaks; taxes

1 posted on 05/22/2003 2:29:46 PM PDT by Lijahsbubbe
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To: Lijahsbubbe
Could someone tell me why I am getting a double title, PLEASE!
2 posted on 05/22/2003 2:31:45 PM PDT by Lijahsbubbe
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To: Lijahsbubbe
This guy is screwed- the tax judges are demorats-
he should have never EVER have purchased property in
minnesota he needs a really good tax attorney- one from
another state but can practice law here.

BTW the Demonrats are going after peoples homes etc.
this is the second instance I know of -I think they will
be looking for speeders on I90 next (all important
interstate speeding revenue)
3 posted on 05/22/2003 2:47:35 PM PDT by mj1234
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To: Lijahsbubbe
Because the story comes from the Twin Cities ;)

ok sorry 'bout that, I don't know...

-- lates
-- jrawk
4 posted on 05/22/2003 3:31:30 PM PDT by jrawk
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To: jrawk
Hmm. That may be it! And not only that, it's the second time it's happened to me!
5 posted on 05/22/2003 4:54:00 PM PDT by Lijahsbubbe
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