Monday, October 22, 2007

Blackwater evades taxes

Lawmaker accuses Blackwater of tax evasion

By Kevin Drawbaugh

WASHINGTON (Reuters) - The chairman of a congressional committee said on Monday that documents obtained by his panel suggest that private security contractor Blackwater USA "engaged in significant tax evasion."

But the company -- under scrutiny already because of deadly shootings in Iraq involving some of its personnel -- told Reuters the lawmaker's assertion was incorrect.

Rep. Henry Waxman, chairman of the House of Representatives Oversight and Government Reform Committee, accused Blackwater of "failing to withhold and pay millions of dollars in Social Security, Medicare, unemployment and related taxes."

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