Music fans across the world were shocked to learn that Sir Elton John, who became a father with long-time partner David Furnish last year, allegedly adopted the child as a ploy to get the $547 “dependent exemption” on his 2010 Federal Tax Return.
A representative from the IRS called the ploy “baffling,” given the Tiny Dancer singer’s reported 2010 income of $32 million.
An attorney for Sir Elton said his client would’ve liked to return the money in question, but it had already been spent on “something sparkly.”
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August 30, 2011
MUSIC