DeVos' $40 million yacht "The Seaquest" is registered to Cayman Islands despite never visiting the t [View all]

[soothsayer]

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Heidi Przybyla
@HeidiNBC
DeVos' $40 million yacht “The Seaquest" is registered to Cayman Islands despite never visiting the territory.

A nonpartisan group wants to know if the family, worth billions, is avoiding paying millions of dollars in taxes.

Nonpartisan watchdog group raises questions about $40m yacht tied to DeVos family
clickondetroit.com

https://t.co/UJCMchJGfb?amp=1

Heidi Przybyla
·
Oct 11, 2020
Replying to @HeidiNBC
When reached for comment, a spokesperson for the DeVos family said they no longer own the yacht.

“We’re unaware of any review,” said the representative. “However, if there is an analysis, we’re confident that it will simply confirm all appropriate Michigan taxes have been paid.”

Heidi Przybyla
@HeidiNBC
The matter has been referred to Michigan's Tax Enforcement unit for review, according to Lance R. Wilkinson, Director Bureau of Tax Policy.