Marion County Business Owner Pleads Guilty on Sales Tax Evasion Charges
Monday, December 15, 2008 | 06:52am
JASPER, Tenn. - The Department of Revenue’s Special Investigations Section conducted the investigation that led to the indictment and subsequent guilty plea of Donald B. Long, III to one felony count of sales tax evasion.
On Dec. 12, 2008, Long, former owner of Mid South Power Sports, LLC, located at 375 Commerce Place, Jasper, Tenn., was sentenced to two years of unsupervised probation. He was also required to pay $68,374.63 in restitution to the state for sales tax he collected but intentionally did not remit from Aug. 2004 through March 2005 and May 2005 through May 2006.
“The majority of businesses pay appropriate taxes,” said Revenue Commissioner Reagan Farr. “This case serves as a warning to others who think they can get away with tax fraud in Tennessee. We will continue to pursue criminal activity and prosecute tax evaders to maintain fairness in our tax structure for Tennesseans.”
This case was pursued criminally by the department in cooperation with District Attorney General Michael Taylor’s Office. Citizens who suspect violations of Tennessee's revenue laws should call the toll-free tax fraud hot line at (800) FRAUDTX (372-8389).
The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws established by the legislature and the collection of taxes and fees associated with those laws. The Department of Revenue collects approximately 92 percent of total state tax revenue. During the 2007-2008 fiscal year, the department collected $11.2 billion in state taxes and fees. In addition to collecting state taxes, $1.9 billion of local sales tax was collected by the department for local governments during the 2007-2008 fiscal year. Besides collecting taxes, the department enforces the revenue laws fairly and impartially in an effort to encourage voluntary taxpayer compliance. The department also apportions revenue collections for distribution to the various state funds and local units of government. To learn more about the department, log on to www.Tennessee.gov/revenue.
Related news: Sept. 23, 2008 – Former Marion County Business Owner Arrested for Sales Tax Evasion and Theft (http://tennessee.gov/revenue/newsreleases/2008/donlongarrest.htm)