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Trouble, tax trouble

That headline could be the operative phrase for the actor that many, including me, consider the best cinematic James Bond.

Media worldwide report that Sir Sean Connery is being investigated by Spanish authorities for alleged tax fraud involving the sale of two large tracts of land.

A property firm linked to the 79-year-old actor allegedly failed to pay around $2 million (1.6 million euros) in taxes on land near Malaga, Spain, that Connery and his wife, Micheline Roquebrune, sold in 1999.

This is the second property sale problem that Connery and his wife have faced this year.

In May, Spanish investigators looked at the couple's sale, also more than a decade ago, of their luxury seaside villa outside Marbella in connection with a money-laundering investigation. That property went for a reported $9 million.

The villa inquiry was part of a raid on law offices suspected of being involved. Spanish officials dubbed that operation "Goldfinger" after the 1964 James Bond film.

The Connerys, who live in the Bahamas, have not been charged or arrested.

You can read more about Connery tax and property sale situation in the ABA Journal, France's AFP, Entertainment Biz!, Australia's Herald Sun and CBS News.

And a tip of the hat to TaxProf Blog, which came up with a great headline: 007's 1040 Problem.

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