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Category: taxes of the rich and (in)famous

GoldieBlox Pulls Beastie Boys Song From Ad, Citing Adam Yauch’s Will

Kelly Phillips ErbNovember 27, 2013July 18, 2020

Days after filing court documents to keep their version of the Beastie Boys’ song, “Girls” in their commercial, Goldieblox has announced that they’re pulling the song from the ad. What’s driving the change? The company claims it’s out of respect for Adam Yauch’s request that his music not be used in advertising.

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Not Too Young, Not Too Old: Aaron Carter Hopes For Fresh Start Following Chapter 7 Bankruptcy Filing

Kelly Phillips ErbNovember 22, 2013July 18, 2020

Aaron Carter, little brother of the Backstreet Boys’ Nick Carter, burst onto the spotlight just over ten years ago. Today, facing more than $2 million in debt, he’s ready to put the past behind him and move on. At age 25, can he make a comeback?

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Maradona, Football’s Former ‘Golden Boy,’ Served In Italy For $53M Tax Debt

Kelly Phillips ErbOctober 18, 2013July 17, 2020

Diego Maradona, football’s “Golden Boy” has been served with papers in Italy allowing tax officials to freeze his assets in an effort to pay off tens of millions of dollars in outstanding tax liabilities.

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Lauryn Hill Leaves Prison Early, Releases New Single All In 24 Hours

Kelly Phillips ErbOctober 4, 2013July 18, 2020

With a few days left on her federal prison sentence for tax evasion, hip-hop artist Lauryn Hill won an early release – and managed to drop a track from her new album – all in 24 hours.

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Footballer Messi Trades Pitch For Court To Answer Criminal Tax Charges

Kelly Phillips ErbSeptember 28, 2013December 4, 2019

Despite reports that footballer Lionel Messi had cleared his tax debt, he and his father appeared in court this week for a scheduled hearing on tax fraud charges. What does it all mean for the star?

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Achtung Baby: Bono Defends U2 Tax Moves

Kelly Phillips ErbSeptember 24, 2013July 16, 2020

U2 is one of the most successful rock bands in the world. Frontman Bono is considered one of the most charitable men in the world. Yet, when it comes to economics, the band chose to move some operations to the Netherlands in order to pay fewer taxes. Is that hypocrisy? Bono says no.

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The Game Is Giving Away $1 Million ‘Just Because I Feel Like It’

Kelly Phillips ErbSeptember 21, 2013July 16, 2020

Rapper The Game has pledged to give away $1,000,000. And it’s not going to big name charities but to small time folks. What are the consequences of these kinds of gifts?

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Footballer Messi Scores Hat Trick, Clears Tax Debt As Season Rolls

Kelly Phillips ErbSeptember 6, 2013July 16, 2020

After months of speculation that Lionel Messi and his father, Jorge Horacio, might settle their tax case with Spanish authorities, the football superstar has made a “corrective payment.”

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IRS To Michael Jackson’s Estate: Who’s Bad?

Kelly Phillips ErbAugust 26, 2013July 15, 2020

We now know how much is at stake in the tax dispute over Michael Jackson’s estate: $700 million. Here’s how it breaks down.

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Michael Jackson’s Estate To IRS: Beat It

Kelly Phillips ErbAugust 21, 2013July 15, 2020

The Estate of Michael Jackson has filed an action in U.S. Tax Court protesting a Notice of Deficiency levied against his estate. The question is, of course: How much was the King of Pop really worth at his death?

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