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Derek Jeter & The Tax Man…

by Anthony Amobi

Uh-oh, bad news for Yankee captain, Derek Jeter…

New York tax officials say Derek Jeter should have been taxed as a state resident from 2001-03, which potentially could cost the Yankees captain millions of dollars.

Jeter says he is a Florida resident, but the State Division of Taxation of Finance argues that he had a New York residence during that period.

Jeter was given notice in February, then filed a petition for redetermination. In a five-page order from Administrative Law Judge Timothy J. Alston that was dated Nov. 7, the division was told to furnish Jeter with a more detailed bill specifying his “community involvement in jurisdictions other than Florida� and “public statements regarding his desire to be in New York.�


Posted in Players on November 16th, 2007

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