Elon Musk says he will pay over Rs 83,000 crore in taxes this year
India Today
Responding to accusations of not paying enough taxes, Tesla and SpaceX CEO Elon Musk has cleared the exact amount of tax he will pay this year. With this, Musk is well on route to paying the highest amount of tax in the history of the US.
Elon Musk has lately been a target of online accusations, blaming him for not paying taxes in proportion to his earnings through Tesla, SpaceX and other ventures. The world's richest person responded to these allegations with his usual wit on Twitter. Now, ending the debate altogether, Musk has revealed just how much tax he will pay for this year's earnings.
Taking to Twitter, the CEO of Tesla and SpaceX has revealed that he will pay more than $11 billion in taxes this year. This equates to about Rs 83,624 crore in taxes for a single year. If true, this could be a record tax filing to the U. S. Internal Revenue Service to date.
