Melinda Gates are getting divorced after 27 years of marriage.
In a statement that the Microsoft co-founder tweeted out, the two say, “After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage. Over the last 27 years, we have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives. We continue to share a belief in that mission and will continue our work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life.”
Michael Jackson estate wins smaller tax bill in Tax Court ruling
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Fatal Flaw in Estate and Wealth Taxation
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04 May 2021
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Michael Jackson s children have been handed a huge, unambiguous victory in their late father s estate s legal battle with the U.S. IRS (Internal Revenue Service).
The lawsuit stemmed from an argument about how much Jackson s name and likeness were worth at the time of his death at the age of 50 in 2009 - with IRS officials estimating $161 million (£116 million) and executors of Jackson s estate arguing it was more like $2,105 (£1,517), due to the damage caused to his reputation by child molestation accusations.
The IRS had claimed Jackson s estate had underpaid its tax bill by nearly $500 million (£360 million), and could potentially owe an additional $200 million (£144 million) in penalties, due to the estimation of the late star s worth.
Michael Jackson s Estate Reportedly Wins Ruling in IRS Battle
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Michael Jackson’s estate has been in the news a lot as of late, as a judge recently dropped a 2nd ‘Leaving Neverland’ accuser’s lawsuit against Jackson. Now, news surfaced noting that Jackson’s estate has caught a win in court related to issues with the IRS.
Michael Jackson’s estate reportedly won a dispute related to taxes, as a U.S. Tax Court judge named Mark Holmes said that the value of the late entertainer’s image and assets were significantly lower than what the IRS initially said.