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BANG Showbiz English
BANG Showbiz English
Michael Jackson’s children cannot receive money from his estate until a long-running tax dispute is resolved.
Prince, 27, Paris, 26, and Bigi Jackson, 22, as well as the late King of Pop’s mother, Katherine, 94, have been told by John Branca and John McCain, the executors of the ‘Billie Jean’ hitmaker’s will, that they won’t receive anything from his trust until the ongoing row is finalised.
The dispute began when the IRS audited the estate’s federal tax return and “issued a note of deficiency” claiming that the estate “undervalued its assets” and owed “an additional $700 million in taxes and …
