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From The Economic Times

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A used Honda Civic: Why did Michael Jackson's estate claim his image was worth $2,105 in its fight with the IRS?

A used Honda Civic: Why did Michael Jackson's estate claim his image was worth $2,105 in its fight with the IRS?

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The issue was all about how much Jackson's name, image, and likeness rights were worth when he died. Jackson's estate initially valued his image and likeness rights at just $2,105 in its 2009 estate tax return. It also gained attention because it was comparable to the price of a used Honda Civic.

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