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The Cricket

Redford fighting $1.57 million tax bill in New York

First Published Aug 07 2014 12:44PM      Last Updated Aug 07 2014 12:44 pm

(Scott Sommerdorf | The Salt Lake Tribune) Founder and President of Sundance Institute Robert Redford, listens to a question during the opening press conference will take place in about an hour at the Egyptian Theater in Park City, Thursday, January 16, 2014.

Actor, filmmaker and Sundance Institute founder Robert Redford is suing the state of New York over a nine-year-old tax bill.

Redford has filed a complaint in state court in Albany, according to a Reuters report, demanding the New York State Department of Taxation and Finance stop trying to collect $1.57 million in personal income taxes — a bill New York says Redford owes from the income he made selling part of his interest in the Sundance Channel back in 2005.

In the complaint, Redford said he paid his income taxes on that sale in Utah, where he is a resident, and that none of the transaction took place in New York — so the state of New York doesn’t have a claim on the income.



New York sent Redford a bill in May, saying that proceeds from the sale are "New York source income." The state of New York is seeking $845,066 in taxes plus $723,404 in interest.

 

 

 

 

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