Celebrity Estates: Celebrity Tax Planning Adventures with Jim Henson and Michael Jackson


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Jul 24 2023 39 mins   7

The entertainment industry is a world of buying, selling and competing for the right to use certain intellectual property and work in specific places. Managing the money, and more importantly, the tax implications requires a deft hand.


In this episode, David Lenok speaks with Charles Lubar, retired Senior Counsel from McDermott Will & Emery, about his experience working with celebrity clientele and how he helped people like Jim Henson and Michael Jackson navigate tax strategies for their projects.


Chuck discusses:



  • How tax law impacts entertainment celebrities;

  • Examples of complexities in dealing with tax implications of projects involving the Muppets and Michael Jackson;

  • The problems with managing taxation and financial planning between US celebrity corporations and UK entertainment opportunities;

  • And more


Resources:



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About Our Guest:


Charles Lubar is a graduate of Yale University and Harvard Law School and holds a Master’s Degree in taxation from Georgetown Law. For two-and-a-half years he worked in the Chief Counsel’s Office of the Internal Revenue Service in Washington, D.C. He spent thirty-four years as a partner for the global law firm Morgan Lewis. Lubar most recently served as a Senior Counsel at McDermott Will & Emery. Born and raised in Washington, D.C., Lubar spent two years as an entrepreneur in Nairobi, Kenya and has been a resident of London, England since 1971.