Fax to Gov. Perdue re Bill that allows the NC State Bar to evade state, fed. taxes

August 16, 2012

Governor Beverly Perdue

C/O Mr. Mark Davis – Attorney

FAX: (919)733-2120– 4 pages

 Dear Mr. Davis:

Senate Bill 272 signed by Gov. Perdue allows the N.C. State Bar to evade state and federal taxes on its Interest on Lawyers’ Trust Fund (IOLTA) Account.

 Per NCGS § 143C‑2‑1, the Governor is Director of the (State) Budget.

I therefore write to inform you that Governor Perdue and Lt. Governor Dalton both signed Senate Bill 272, which allows the NC State Bar evade state and federal taxes on its IOLTA trust fund.

I am sure that if Gov. Perdue and Lt. Gov. Dalton realized what they signed, that they would immediately rescind that bill.

 I am sure you will alert her accordingly.

 Sincerely;

Donna Pilch

Enclosure: NC Senate Bill 272

http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S272v5.pdf  – see page 2.

Email from NC State Controller’s office re NC State Bar failure to report IOLTA

http://carolinacrimereport.com/nc-state-bar-employees-lunsford-jean-dont-account-for-the-multi-million-dollar-lawyers-trust-fund-it-manages/

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About CarolinaCrimeReport

Log on to http://carolinacrimereport.com and learn about all the financial crime and court corruption happening in North Carolina that the mainstream media cannot report. Carolinacrimereport has obtained public records that reveal years of tax evasion, embezzling and corruption by public officials and judges that has been and continues to be unaudited and even covered-up. The website explains how financial fraud is easily executed by corporations taking advantage of the lack of LLC and notary enforcement by Secretaries of State. Many Secretaries of State are not tracking LLC corporations annual report filings; and what they describe as annual reports are really just annual filings that provide little information about the company, and none of the information requred by general accounting standards for an annual report. In North Carolina, and in many other states, people are establishing websites, and calling them companies, but they have no federal tax ID number and are not paying taxes. The IRS calls these "fictitious corporations," and its ranked as one of the IRS Dirty Dozen financial crimes. Carolinacrimeport contains links to resources that explain financial crime and offer tips on how you can conduct your own financial crime investigations to protect yourself from becoming a victim of fraud
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