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Italian authorities stopped Snoop Dog from leaving the country with a suitcase containing $422,000 cash. Money laundering laws say that amounts over $11,000 must be declared. Half the money was returned with the remainder to be returned after penalties are assessed and deducted - unlike the US where authorities keep the cash while you attempt to appeal. Snoop Dog says the money was legitimately earned and he was paid in cash for his European concerts. I suspect the IRS will be taking a deeper look at his finances.
Italian authorities stopped Snoop Dog from leaving the country with a suitcase containing $422,000 cash. Money laundering laws say that amounts over $11,000 must be declared. Half the money was returned with the remainder to be returned after penalties are assessed and deducted - unlike the US where authorities keep the cash while you attempt to appeal. Snoop Dog says the money was legitimately earned and he was paid in cash for his European concerts. I suspect the IRS will be taking a deeper look at his finances.
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