Freedom Industries owes approx $2.4M in unpaid taxes, back to 2000

[stg81]

Freedom Industries owes more than $2.4 million in unpaid taxes to the Internal Revenue Service, and the IRS has placed at least three liens on Freedom's property, demanding payment.

...

Freedom owed federal taxes for the years 2000, 2001, 2003, 2004, 2005, 2006, 2007 and 2008.

….

The West Virginia Bureau of Employment Programs has also placed at least two liens on Freedom's property, for about $4,000 in unpaid unemployment compensation insurance.

...

On Jan. 9, the day that the leak contaminating the Elk River was discovered, Freedom and its subsidiary, Etowah River Terminal, also owed nearly $93,000 in Kanawha County property taxes, about half of which was due on Oct. 1, 2013 and had become delinquent.

http://www.wvgazette.com/News/201401170030?page=2&build=cache

[stg81]

1. why weren't these debt paid at the time of the merger?

[sharp_stick]

2. They should have been

shouldn't they? I don't understand business law well enough to know for sure but I thought you had to settle debts during a merger.

[stg81]

3. that seems to be just plain common sense

[sharp_stick]

5. I forgot to add on a

welcome to DU

[exboyfil]

4. This company reads like a Tea Partiers

wet dream. Tally ho.

[riqster]

6. Just declared bankruptcy. As the lawsuits came pouring in.

[onethatcares]

7. eight years of not paying taxes

how the hell does one get away with that?