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New York City Refuses To Do Anything About 13 Million In Taxes Owed By Evgeny Friedman – Israeli World Domination
Aug 302016
 

Embattled taxi king Evgeny Freidman owes more than $13 million in taxes from his cab empire, yet the Taxi & Limousine Commission still lets his cars operate in the city, a group of medallion agents wrote in a letter to the agency last week.

New_York_City_Refuses_To_Do_Anything_About_13_Million_In_Taxes_Owed_By_Evgeny_Friedman

The Committee for Taxi Safety, which represents medallion owners and managers, blasted the TLC in an Aug. 25 letter for sitting idle when it comes to punishing Freidman — who controls more than 900 medallions — for failing to pay his tax bill.

Much of the $13 million in taxes owed — $11 million — is money for the Metropolitan Transportation Authority, according to the state Department of Taxation and Finance.

Riders pay an extra 50 cents on each taxi ride that medallion managers are supposed to hand over to the state to help finance MTA operations.

The TLC “has known about this for years yet they continue to renew his licenses and they continue to allow him to operate, which is a license to steal at this point,” committee President David Beier, a medallion manager, told the Daily News.

In the letter, Beier wrote that “there is no dispute” that Freidman “illegally retained” the MTA surcharge from taxi trips.

“You have sent a message to the taxi industry that the MTA and the TLC may not actually care whether anyone pays the fee,” Beier wrote.

Freidman and attorneys listed in his bankruptcy filing did not return requests for comment.

A rep for the state Department of Taxation and Finance declined to say what is being done to collect on Freidman’s bill, citing privacy rules.

TLC spokesman Allan Fromberg said a new rule in September will give the agency the power to hold medallion managers “fully responsible for paying MTA taxes and suspend their agent licenses until they pay outstanding taxes.”

In July 2015, Freidman had to seek bankruptcy protection on 46 medallions operated by 22 of his companies. Citibank had sued him for defaulted loans to finance the pricey medallions, which cost more than $1.6 million each.

Freidman was on the hook to Citibank for $34 million, according to his bankruptcy filing.

 Posted by at 3:07 am

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