Will the Beach Bar have to be sold to pay that debt?

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designbyroe
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Joined: Tue Feb 27, 2007 1:27 pm
Location: Chilaxin on White Bay at least in my mind

Will the Beach Bar have to be sold to pay that debt?

Post by designbyroe »

from St. John Tradewinds

Beach Bar owner Allan MacPhee was sentenced on Thursday, June 12 in V.I. District Court to 20 months in prison for evading local and federal taxes. MacPhee was also ordered to pay $676,000 in restitution and fines.
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There's no $ sign on a peace of mind, this I've come to know
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RickG
Posts: 5397
Joined: Wed Aug 23, 2006 3:06 pm
Location: Coral Bay, St. John

Re: Will the Beach Bar have to be sold to pay that debt?

Post by RickG »

designbyroe wrote:from St. John Tradewinds

Beach Bar owner Allan MacPhee was sentenced on Thursday, June 12 in V.I. District Court to 20 months in prison for evading local and federal taxes. MacPhee was also ordered to pay $676,000 in restitution and fines.
I'm sure there are other assets besides the Beach Bar. It's likely that, if he wanted to, he would get off with a payment plan. I've seen these kinds of things before and the IRS wants the future taxes too.

Cheers, RickG
S/V Echoes - Coral Bay - St. John, VI
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designbyroe
Posts: 1348
Joined: Tue Feb 27, 2007 1:27 pm
Location: Chilaxin on White Bay at least in my mind

Post by designbyroe »

so this is common Rick for people to do?
I must be quite naieve. I like Alan and Cat.
I love the Beach Bar and don't want it to change for anything.
I know he did something pretty bad but I hope the business stays
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