Maybe You Wondered Why The State Recently Sent You A Bill For $50 In Lost Interest You Owe From Three Years Back?
Don’t worry — it’s happening to everyone:
Posted: November 24th, 2008 | Filed under: Follow The Money
Fashion powerhouse Ralph Lauren, Brooklyn-born billionaire Ira Rennert and gossip-column staple Shelby Bryan are among thousands of New Yorkers who recently settled big debts with the state taxman as Albany aggressively moves to fill its dwindling coffers, records show.
The Polo designer’s high-flying ways couldn’t escape the reach of the New York Department of Taxation and Finance when it came to operating his $50 million Gulf Stream V private jet.
On Oct. 2, Lauren’s shell company, R.L. Wings, technically the jet’s owner, paid $4.18 million on its two-year-old tax debt, according to public documents.
Through a spokesman, Lauren said he was fighting to get the money back.