Cocke County, TN (WOKI) A Cocke County business has plead guilty to tax evasion charges.
Officials with the Tennessee Department of Revenue say a judge accepted Midnight Rodeo Inc.’s guilty plea to tax evasion charges on September 9 following an investigation led by the agency’s Special Investigations Section.
The former nightclub establishment in Newport was fined $1,500 and ordered to pay the State of Tennessee $59,247.28.
“The Department of Revenue strives to promote voluntary compliance of Tennessee’s tax laws by educating taxpayers and pursuing criminal sanctions for accountability of fraudulent actors,” Revenue Commissioner David Gerregano said. “This guilty plea underscores the department’s efforts to ensure fair administration of Tennessee’s tax laws.”
The Department of Revenue is responsible for state tax laws and the collection of taxes and fees associated with them.
