Jeff Bezos faces $244K jet tax bill
Amazon founder and billionaire Jeff Bezos was recently hit with a hefty $244,000 bill for overdue taxes and fees related to his private jet. This fine is part of a larger crackdown by Los Angeles County Assessor Jeff Prang to collect unpaid property taxes on private aircraft. Under California law, owners are responsible for paying an annual property tax of roughly 1% of their aircraft's assessed value, regardless of where the plane is registered or where its owner resides.
The bill, due by June 30, marks only one part of Prang's broader investigation, which has identified other high-profile individuals owing similar amounts, including Rihanna, Stan Kroenke, Phil Knight, and even Judge Judy. The investigation gained momentum after the county obtained detailed aircraft location data via ADS-B Out, a tracking system mandated by the FAA to enhance collision avoidance and air traffic management.
This data has proven invaluable in identifying aircraft that remain in the county without paying the required taxes.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
