New Mexico Gross Receipts Tax Evasion Case
- Jul 13, 2012 | Susan McLain
Kevin L. Sears, a hunting outfitter, faces a “…maximum sentence of six years in prison and $60,000 in fines,” if convicted on all charges of tax fraud and evasion in the state of New Mexico.
New Mexico officials were tipped off by the Department of Game and Fish that, “…customers told them that Sears stated that he preferred cash in order to stay under the radar since it is harder to trace.”
The New Mexico State Taxation and Revenue Department’s Tax Fraud Investigations Division “…investigated the case and determined Sears has not paid his gross receipts taxes for a three-year period.” In addition, it appears he “…boldly made statements to his customers regarding the ability to stay under the radar by dealing in cash,” according to Demesia Padilla, Cabinet Secretary for the State Taxation and Revenue Department.
The Sante Fe grand jury indicted Sears “…on attempted tax evasion charges for allegedly not filing or paying over $36,000 in gross receipts taxes owed to the State from 2006 through 2009.” He was indicted for “…six counts of attempts to evade or defeat tax.”
Sears is “…believed to be living in Virginia, [and] operates Southern Divide Trophy Outfitters in New Mexico.”