Johns Island businessman arrested for tax evasion
DORCHESTER COUNTY, SC (WCBD) – A Johns Island businessman has been arrested on charges relating to tax evasion.
Agents from the South Carolina Department of Revenue arrested Christopher William Web, 45, on Monday. He faces three counts of tax evasion and five counts of failing to pay taxes, file a return and keep records.
Webb operated Sleep Well Charleston LLC while doing business as Affordable Mattress of Charleston in Dorchester County.
According to the arrest warrants, Webb did not file a tax return or pay income tax for the years 2015 to 2019 – his taxable income was $153,070 for that period.
He is also accused of tax evasion. “For tax years 2018 through 2020, he reported a total of $1.2 million in gross sales while actual sales totaled over $1.6 million,” officials said of the reports. mandates. “Webb owes the state $28,889 in sales tax. »
If convicted, authorities said Webb faces five years in prison and/or a $10,000 fine for each count of tax evasion and one year in prison and/or a $10,000 fine for each charge of failing to file a return and pay taxes.
He is being held at the Dorchester County Detention Center pending a bail hearing.