“Born in Detroit, Davidson built Auburn Hills-based Guardian Industries into one of the world’s leading makers of glass, automotive and building products. He went on to own the Detroit Pistons, the WNBA’s Detroit Shock and NHL’s Tampa Bay Lightning. He died March 13, 2009, at age 86, with a net worth estimated at more than $3 billion. According to the June filing, Davidson had trusts drawn up for his wife, their children and grandchildren worth tens of millions of dollars each. But the IRS, in a notice of deficiency delivered in May, claimed $2.8 billion of underpayments in estate taxes, gift taxes, penalties and more.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Snap up a pint in Britain's first Bitcoin pub
Bank data of 20 million customers leaked in South Korea
Mom jailed for allowing kids to play outside
Woman bypasses airport security on her third try in the same day
Apple Sued For Poaching A123 Systems Employees; Settles Out-Of-Court
How To Make A Quick $1,944,000
'Brighter than a full moon': The biggest star of 2013... could be Ison - the comet of the century
Russia cancels Syria lobbying mission to D.C.
Twice-fired TSA manager gets his job back AGAIN after judge rules he was unfairly sacked
Trust in Gold Not Bernanke as U.S. States Promote Bullion
Wary of China, Companies Head to Cambodia
Putin: Edward Snowden ‘condemned himself to a rather difficult life’
Nicaragua, Venezuela willing to take in Edward Snowden
How I went dark in Australia's public transport surveillance state for 2 years
CBO: Health-Law Tax to Hit 50% More Than Estimated