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After purchasing the luxury car for $150,000, Shaq was talked into buying two more — one for each of his parents. He also added some jewelry and suits to his growing bill that day.
Over three times now, these cars have sold at auction for over $1 million, and one had been bid up to $4.8 million. However, the seller refused to relinquish the car for less than $6.5 million. 2 ...
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The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
If so, you're probably not alone -- most people dream of having a million dollars in their bank accounts one day. SEE ALSO: 'The Runner' is tracking groups of people as they race to cross the U.S.
Overview of Taxes on $1 Million. You may owe several types of taxes on $1 million. Federal income taxes typically claim the biggest slice, although this varies depending on how you came by the $1 ...
In its announcement, the IRS said its latest efforts have been concentrated on taxpayers with more than $1 million in income and more than $250,000 in tax debt. After an initial round of audits of ...
Acquiring $1 million in a lump sum is no simple matter and figuring out the amount of taxes due on it is also complicated. The answer depends on several factors, including the source of the money ...