Michael Jackson - Jackson Estate Hit With Huge Tax Penalties

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California tax officials are chasing the executors of Michael Jackson's estate for $131,000 (£87,333) in unpaid bills.
In March (10), staff at the state's Franchise Tax Board filed a creditor's claim with the estate administrators for $1,647 ($1,098).
However, tax chiefs filed an amended claim on Friday (10Dec10), adding $130,000 to the total amount due.
The new amount includes interest and penalties which stem from the 2009 tax year, according to the Associated Press.
It is the latest in a long line of claims from individuals and companies who were allegedly left with unsettled bills following Jackson's death last year (09).


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jacqueline.capucine's picture

jacqueline.capucine

PEACE
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jacqueline.capucine's picture

jacqueline.capucine

It probably has been paid.............just not posted.....................
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jacqueline.capucine's picture

jacqueline.capucine

Sure!!!! that has been paid.........
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gayat1's picture

gayat1

His estate will take care of and they will negotiate the bill down too.
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girlygirlymormor's picture

girlygirlymormor

the Jackson estate, is in pocket. it was recorded that he, received the highest paid salary, for the movie this is it. Now you know his parent mrs. katherine jackson and equire's will be able to pay.
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jacqueline.capucine's picture

jacqueline.capucine

What else! please let there be peace!!!!!!!!!!!!!!
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An Marie's picture

An Marie

"Jackson Estate Hit With Huge Tax Penalties"That's not a huge amt. When you consider what other celebrities are being hit with (& going to jail over), it's a drop in the bucket. Mikey doesn't owe 'back' taxes from previous years; this is a relatively recent bill. Thank goodness!
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