Michael Jackson's Trials

Michael Jackson's Trials


The Ongoing Trials of The Late Michael Jackson

Friday, February 29, 2008


Even if Michael Jackson is successful in selling Neverland, at an auction next month, he may well be liable for tax on the sale.

On the assumption that the property is sold for around $25M, given that he paid around $14M for it, there is a capital gain of $10M on which tax of around $5M will be payable.

Jackson will discover the truth of that old saw:

"There are only two certainties in life, death and taxes."


  1. Anonymous5:21 AM

    He paid 23 million dollars for it, and it's worth maybe 100 million dollars now.

  2. Fox says he paid between $12M and $14M, The London Times says $17M


  3. Anonymous11:51 AM

    I've been a fan since 1988 and I still know when he bought it. It was 23 million dollars. Roger Friedman is not a reliable source.

  4. Please can you provide a link to validate your figure of $23M?

  5. Anonymous4:04 AM

    I do not have a link. Back then the Internet was not yet popular, but I still have articles, and I'll check those again soon and get back to you with a scan.

  6. Anonymous6:52 AM

    I have scanned a part of an article I still have, but I do not remember which magazine it was. I cut the article out back then. Maybe it was the German magazine called Popcorn:
    It says 32 million dollars, but even back then there were different numbers. Some said 35 or 45 million German marks, I don't remember how much that is in dollars, but it should be around 20 million dollars also. At least I can tell, the numbers were not as low as 12 or 14 million dollars. I could post more scans of other articles, but I can't tell anymore where and when they were published - too long ago already and I didn't archive it by names and dates etc.