Sunday May 9, 2021

What Is Michael Jackson’s Name Worth? Estate Says $2,105

This case pits the estate of Michael Jackson against the IRS, and centers on the $7 million taxable value of the estate’s assets which were reported to the IRS. There’s little doubt that the valuation of Michael Jackson’s name and likeness rights at a paltry $2,105 raised a few eyebrows at the IRS offices – the IRS’ valuation was greater than $434 million and, in all, valued Michael Jackson’s estate at more than $1.1 billion.  More…

Posted by at November 12, 2013
Filed in category: Celebrities, Entertainment, Strange, Tabloid, Unlikely,

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