Rupert Murdoch leaves mother up tax creek

[Newsjock]

Source: Sydney Morning Herald

RUPERT MURDOCH short-changed his now 99-year-old mother, Elisabeth, to the tune of $273 million, and in his attempts to make it up to her left her with a tax bill that has grown to as much as $70 million.

Lawyers for Dame Elisabeth yesterday appeared in the Federal Court to appeal against the assessment ordering her to pay tax on an $85 million payout from the Murdoch family company, Cruden Investments, in November 1994.

Read more: http://business.smh.com.au/murdoch-leaves-mother-up-tax-creek/20080306-1xmv.html

[islandmkl]

1. after you have screwed all of your friends (except the politicians)

and your business associates....

who's left except your family?