Post Content

(Editor's Note: Following his arraignment in Boston Muncipal Court on Friday, Dec. 9, Daniel Adams was subsequently indicted by a Suffolk County Grand Jury on Monday, Dec. 12, and arraigned on Tuesday, Dec. 13 in Suffolk Superior Court. The Attorney General's office issued a press release after the indictment which describes the alleged fraud in more detail. Bail remains at $100,000 cash.)

Attorney General Martha Coakley today announced the arraignment of movie director Daniel Adams on charges of defrauding the Commonwealth's film tax credit program of $4.7 million.

The AG said that "today's action is an important step to ensure that the film tax credit is awarded appropriately while encouraging legitimate productions to be filmed here in Massachusetts. We want to thank the Department of Revenue for discovering this alleged fraud and working cooperatively with our office to investigate further."

The release recognized DOR investigators Janel Cosgrove and Tom Nowicki for their work on the case.

The investigation began in March 2010 when an investigator at DOR spotted suspicious tax returns connected to the "The Lightkeepers'" film. "Concerned that these returns might be fraudulent documents the DOR began an investigation and then referred the findings to the AG's Fraud and Financial Crimes Division," the AG's release said.

The alleged fraud centered on inflated payroll and production expenses for two films. Inflating the value of those increases the value of the film tax credit, which is equal to 25 percent of production costs. The AG alleges that Adams fraudulently claimed $4.7 million in film tax credits.

DOR recently released its 2011 film tax credit report. To date, 556 film productions have received $276.1 million in tax credits while spending more than $1.13 billion in Massachusetts 

 

Written By:

Recent Posts

Courage at Work posted on Sep 1

Courage at Work

“I was amazed that Mark and so many senior staffers took time out of their busy and hectic schedules to be supportive of me and the ALS cause,” she said. “It proves that no matter how challenging work is, there’s always time to show a little love.”

VIDEO: Introducing MassTaxConnect! posted on Aug 24

Take a look at our newest video introducing you to MassTaxConnect, our new, modernized online tax system. Hear from Commissioner Mark Nunnelly and several DOR employees about what to expect come November 30th when we launch MassTaxConnect for business taxpayers, practitioners, and professionals. Get an   …Continue Reading VIDEO: Introducing MassTaxConnect!

What’s New with MassTaxConnect? posted on Aug 13

MassTaxConnect for Massachusetts Business Taxpayers  Available November 30, 2015!   Things are about to get easier and faster for Massachusetts business taxpayers.  MassTaxConnect will replace WebFile for Business later this year and will feature the best of what WFB offers plus state-of-the-art enhancements to make tax   …Continue Reading What’s New with MassTaxConnect?