It looks like Michael Jackson was a no show, in any shape or form, at last night's Grammys'.
As predicted.
Monday, February 11, 2008
Jackson Pays The Taxman
Michael Jackson has seemingly had at least the common sense to pay some outstanding tax to the taxman.
It is reported that he has finally settled the outstanding $600K property tax debt on Neverland.
Jackson has paid off a state tax lien on the property, according to Santa Barbara County records.
The settlement amount included penalties and fees, but does not cover the $23M that he owes Fortress Investment after defaulting on loans he took out on Neverland.
Fortress Investment is two weeks overdue the time that it can begin foreclosing on the property.
It is reported that he has finally settled the outstanding $600K property tax debt on Neverland.
Jackson has paid off a state tax lien on the property, according to Santa Barbara County records.
The settlement amount included penalties and fees, but does not cover the $23M that he owes Fortress Investment after defaulting on loans he took out on Neverland.
Fortress Investment is two weeks overdue the time that it can begin foreclosing on the property.
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