Elton Vs IRS
06/21/06
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(Contact Music) SIR ELTON JOHN is pressing ahead with legal action against US tax authorities for overvaluing his multi-million dollar Georgia condominium. The singer has been forced to pay $77,250 (GBP41,890) in tax each year for the penthouse property after it was valued at $4.6 million ($2.6 million) - $900,000 (GBP488,000) above his financial advisor's estimates. [see full story for more] - Click here for the Full Story
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