Showbiz
Sir Elton John is suing US tax authorities in Georgia, claiming they have overvalued his Atlanta penthouse condominium.
Elton's tax consultant believes the $4.6 million estimate made by the tax office is $900,000 too much, and if this is true, the singer would pay $16,000 less per year in taxes.
It is the principle of the matter and not the financial problems that have spurred Elton to press charges: "I just don't see how the county can justify that number," said Craig Klayman, John's tax consultant. "It's just too high looking at what everybody else is valued at."
Elton's tax consultant believes the $4.6 million estimate made by the tax office is $900,000 too much, and if this is true, the singer would pay $16,000 less per year in taxes.
It is the principle of the matter and not the financial problems that have spurred Elton to press charges: "I just don't see how the county can justify that number," said Craig Klayman, John's tax consultant. "It's just too high looking at what everybody else is valued at."
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