Saturday, November 21, 2009 East Central Illinois

President of Flex-N-Gate says disputed taxes have been paid

By Don Dodson
Saturday, January 17, 2009 7:00 AM CDT

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.

News-Gazette Archive

The full story is available in our paid story archive.

View the story»  |  About the archive

Weather

  • Tonight
     Low: 39°
  • Tomorrow
     High: 59°

Fog And Mist
Advertisement

Also on this date

» More