Prince's estate majorly undervalued: IRS

Updated January 4 2021 - 4:29am, first published 4:25am
The US tax agency IRS says Prince's estate is worth far more than what an administrator found.
The US tax agency IRS says Prince's estate is worth far more than what an administrator found.

The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after America's Internal Revenue Service calculations showed that executors of the music icon's estate undervalued it by 50 per cent.

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