President of Flex-N-Gate says disputed taxes have been paid
URBANA – The president of Flex-N-Gate Corp. says he and his wife have paid in full a disputed amount the Internal Revenue Service says they owe – and he hopes to get all the money back through litigation.
Shahid R. Khan also bristled at how a short story in Forbes magazine characterized the tax dispute, calling it an "absolute hatchet job" that misrepresented a lot of facts.
"There isn't a hint of a criminal issue here," Khan said, claiming the magazine portrayed him as both a philanthropist and a tax cheat.
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