Saturday, August 20, 2005


It's taken nearly eight years for the investigations into Michael Hutchence's finances to conclude that he was actually not worth very much at all. Before he tied himself up and died, he'd also tied all his property and earnings up in tax-dodging front companies and tax avoiding trust funds. And so effectively had Hutchence put this money beyond the taxman's reach, it was also firmly beyond his Estate's reach, too. So what is his kid going to get? A big fat nothing.

What's not clear, though, is what does happen to the millions of pounds worth of property held in all these front organisations strewn across the world.


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