Michael R. Morris will explain the complexities which confronted the Tax Court in valuing the name and likeness of the late Michael Jackson for estate tax purposes at the USC Gould School of Law 2022 Tax Institute.

The conference will be held virtually from Monday through Wednesday, January 24 - 26, 2022. Information about the program is available online

In “Lessons from the Estate of Michael Jackson Tax Court Decision – What’s Really in a Name?”, Mr. Morris will present a case study of the Tax Court’s decision in the Estate of Michael Jackson v. Commissioner, T.C. Memo 2021-48.

USC Tax22

His analysis will include an overview of the complex fact pattern presented to the Tax Court by the late Michael Jackson’s rise and fall in the public eye, his music publishing holdings, and related issues.

It will examine the unique valuation issues which were resolved in a case where the Estate of Michael Jackson and the IRS had a very large difference of opinion values, especially as to the value of the posthumous image and likeness rights of the late King of Pop.

The entertainment tax panel, presented Monday, Jan. 24, at 6:00 p.m., will also feature Rick Rosas, CPA, a Federal Tax Partner at the global accounting firm PricewaterhouseCoopers; Shane Nix, a Partner in the Tax Department of Willkie Farr & Gallagher; and Alan J. Epstein, a Corporate Partner at Willkie Farr.

The 2022 Tax Institute qualifies for continuing education credits for attorneys, accountants, and financial planners.