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Linda McMahon’s WWE Cheated Connecticut Taxpayers, Caught When Audited By State

recently unearthed audit conducted by the state shows that under the leadership of CEO Linda McMahon, the WWE cheated Connecticut taxpayers out of more than $4 million in state taxes. The audit investigated the international wrestling corporation’s finances between 2005 and 2007, and found that WWE failed to pay millions in corporate taxes by wrongly using a tax accounting strategy not permitted to them under Connecticut law. According to the documents, WWE eventually reached a $4.4 million settlement with the state to repay the taxes and penalties it owed.

The news that McMahon’s WWE avoided $4.4 million in Connecticut taxes is particularly shocking, since the company has claimed over $22 million in tax credits over the past few years