Cap’n Jetes in tax troubleBy
At a time when Alex Rodriguez is looking to bank some serious dough, Derek Jeter might be out some. The State of New York is seeking back taxes — possibly totaling over a million dollars — from the Yankees captain from the years 2001 through 2003. But it’s not that Jeter outright didn’t pay his taxes. It’s that he paid them to Florida, where he claimed residence, not New York, where he was a prominent figure for at least six and a half months of the year.
Lawyers for Jeter, who has an off-season home in Tampa, Fla., dispute the claims that Jeter “immersed himself in the New York community” and made “numerous statements professing his love for New York” during the disputed period, according to documents published this week on a state Web site monitored by FOXNews.com.
I’m not quite sure how his lawyers are disputing his immersion in the New York community. I’m also not sure how “numerous statements professing his love” for the city would denote his residence in it. He has claimed residence in Florida since 1994, when he spent the majority of his season with the Tampa Yankees.
That the State is seeking taxes from 2001 is significant for two reasons. First is his ten-year, $189 million contract which was signed that winter. Second is his $13 million purchase of an apartment in Trump Towers.
Honestly, I’m not sure how the law works in these instances of dual residency. If anyone can shed some light, please do so in the comments or shoot me an e-mail. All I know is that no one from the Jeter party is commenting on this case. It’s probably for the best, at least from a public relations standpoint.