View Full Version : US Man Guilty of Tax Evasion on Iraq Consulting

Investors Iraq News
12-21-2012, 12:01 AM
By John Lee.
A man from the US state of Kansashas admitted failing to pay nearly $82,000 in income taxes on money he earned as a subcontractor in Iraq.
Gregory S. Light, aged 43, pleaded guilty to one count of tax evasion; sentencing was scheduled for next April.
According to Associated Press, Light served in Iraq as a lieutenant colonel with the Kansas Army National Guard, and subsequently returned to Iraq as a subcontractor with his own company, Lighthouse Consulting.
The government says Light was wired a monthly salary by one contractor, but received cash from another. He reported only the wired salary on his tax returns.
In all, the government says Light failed to report more than $310,000 of income to the government.
(Source: Associated Press)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2012/12/20/us-man-guilty-of-tax-evasion-on-iraq-consulting/)

Post your commentary below.