Thursday, February 02, 2012

There goes Anna Galt

Another heir to the Getty oil fortune, Anna Getty, has cut permanent ties to the U.S. and may have renounced her citizenship, according to a government report published Thursday.

As the U.S. presidential campaign is rife with debate over issues of tax fairness, the name of the 39-year-old actress, cookbook writer and prominent organic living aficionado has appeared on a new Internal Revenue Service list of U.S. taxpayers who have renounced their citizenship, often for tax reasons.

Getty was described by Forbes magazine in 2007 as one of the world's 20 most intriguing billionaire heiresses, largely for her work on green living. She is the stepdaughter of the late J. Paul Getty III, a scion of the Getty oil clan who led a notably troubled and tragic life. He was kidnapped in 1973, at age 17, and had an ear cut off by his captors. His father, John Paul Getty Jr., paid a $2.2 million ransom to secure his son's release. The son developed a serious drug habit, suffering an overdose and stroke in 1981 that left him paralyzed until his death last year at age 54.


But hey we don't need her stinkin' taxes.

More.

1 comment:

Tim said...

I strongly recommend anyone interesting in the issue to visit
http://isaacbrocksociety.com/

which was originally setup by a Canadian who renounced his US citizenship. Lots of good info on tax/legal/political implications etc.