November 16, 2007
NY State Says Derek Jeter is a New Yorker - And Owes NY State Taxes
The NY State Department of Taxation and Finance is pretty sneaky. After years of observing the Yankee captain's comments, lawyers are saying that DJ owes hundreds of thousands in back taxes.
Though Jeter's Yankees salary is partially taxed by NY State, he has claimed that his primary residence is in Florida, which has no state tax. The argument from tax officials is that Jeter has made statements "professing his love for New York" and that ""He keeps items near and dear in his New York apartment...He became immersed in the New York community."
Jeter has a $13 million apartment at the Trump World Plaza, near the U.N., and is also in the middle of a 10-year, $189 million contract with the Yankees (and makes significant income from endorsements). The co-chair of Multistate Tax Issues for the New York State Bar Association Tax Section Executive Committee Robert Brown told the Post, "My suspicion is if you have a person who's a multimillion-dollar entertainer, and all of a sudden you see that the most expensive house he has is a house in New York, you might reasonably ask about his [residency]." And a neighbor at the Trump World Plaza says he "definitely lives here. We see him coming and going all the time. He has half a floor with 16-foot ceilings."
Jeter's lawyers claimed that the state's evidence was weak, and a judge has asked the state for more specific evidence, which is due Sunday. We bet Jeter's lawyers will present Jeter's travel itinerary and the tabloids as evidence he's not a NY State resident - half the time when we read about him in the gossip columns, he's off in the Caribbean with some starlet!
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This was most likely done by his business manager and not him directly. Those folks are the ones who make decisions like this. And it all comes down to where he makes MOST of his home. Where he spends the MOST time. For foreign folks, they can't be in the US for more than 6 months or they are liable for taxes. It's similar state to state, but each one is different.
Residency disputes of this sort happen all the time. Of course, very few of them involve famous athletes, so they get little attention.
SO the hell what? He legally has residence in Florida. END of story. He's an upstanding citizen, let him be. It's legal. No one seems to crack down on all the people who live in NY but have PA, NC and FL license plates because the insurance is cheaper.
Hm? I thought you had to pay taxes in the state you work in?
I'm very disappointed in Jeter. I thought he could get hotter girls than the one in thatpicture. I hope it's his sister or someone.
I'm very disappointed in Jeter. I thought he could get hotter girls than the one in thatpicture. I hope it's his sister or someone.
Papercutninja wrote; "No one seems to crack down on all the people who live in NY but have PA, NC and FL license plates because the insurance is cheaper."
OH!!! So just because no one, IYO, does nothing about one thing, it's OK for DJ not to pay taxes?
Oh, so two wrongs do make a right.
More fathead Yankee fan thinking.
we really don't need to pass the hat for this guy if he has to pay up, now do we?
this is some sneaky shit jeter. Stealing 2nd base is one thing but stealing from America is another.
i dunno, that chick looks pretty to me.
just cuz he makes prob over $100 million a year (salary and endorsements) and has a $13 million dollar home in nyc, doesn't mean he's not paying his taxes... florida is notoriously known as cheaper than new york as well as not have heavy taxes, but who cares?
however, if his license plate says new york state, then that's a whole different ball game, in order to get a new york state driver's license you need to reside within the state.
eat the rich
This is a shocker - and people get upset over Barry Bonds? Let's compare the 2 (alleged) crimes:
One guy cheats in the game, which possibly improves his performance. But all his cheating only affects what happens on the field – in a game.
Another guy cheats society by not paying taxes - the same taxes his fellow citizens (both rich and poor) are expected to pay. Taxes that would go to schools, libraries, infrastructure and our healthcare system. Taxes that might go to build new playground ballfields for youngsters.
Search your conscience sports fans, and tell me who has committed the greater crime against society?
Nice alternative perspective. Valid points.
However, one can certainly and easily say that Barry Bonds' use of steroids can and has created an upswing (no pun) in steroid usage among young people looking to beef up. That is more serious to many people. The health of our young vs. street lights.
Actually Novanglus (#14) I'm going a bit over-the-top to make a point.
It's all about media perception and who plays the good guy and who is the designated bad guy. Jeter is the good guy who can do no wrong (though a bit overrated as player I would say); Bonds is the bad guy, despite being one of the most exciting hitters ever. The media (and consequently the fans, pundits and commentators) are out to vilify Bonds. Jeter's (alleged) crime, objectively more serious than what Bonds has done, will be given the kid-gloves treatment and relegated to secondary news.
Personally I think taxes are too high, and poorly spent. And you cannot stop the use and growth of chemical/artificial enhancements for improved sports performance. In 25 years, with gene modification and other sci-fi like possibilities for altering the human body, Barry Bonds (alleged) misdeeds will be the equivalent of getting a cortisone shot today.
peter boyle in background. R.I.P.
What is this hangup on license plates? You're supposed to have em in the state you keep or drive the car, not where you live.
He has two residences and lives in one half the year. It's not as clear-cut as you would think.