facebook
twitter
rss
account
search
search
 

Cruise could face tax woes, lose custody of Suri

June 30, 2012 at 12:28 PM   |   Comments

| License Photo
NEW YORK, June 30 (UPI) -- Katie Holmes filed divorce papers in New York City, something that could cost Tom Cruise more in taxes than if the filing took place in California, TMZ said.

Sources told TMZ Holmes filed the divorce documents in New York because she felt she'd have a better chance of winning sole legal custody of the couple's daughter Suri there than in California.

Cruise, however, is trying to move the divorce proceedings to California -- where the couple has a residence -- because the tax rates are significantly lower, TMZ reported.

The "Mission Impossible" actor has been trying to make it appear as though he and Holmes have not been living in New York, sources told the celebrity news Web site. Meanwhile, Holmes has been using a New York apartment Cruise deeded to her to establish residency in the city.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Kendra Wilkinson to Hank Baskett: 'It's divorce time!' Kendra Wilkinson to Hank Baskett: 'It's divorce time!'
2
Renee Zellweger responds to criticism of her new look Renee Zellweger responds to criticism of her new look
3
Justin Timberlake, Jessica Biel settle lawsuit against Heat magazine Justin Timberlake, Jessica Biel settle lawsuit against Heat magazine
4
Sarah Jessica Parker angers NYC residents with stoop photo shoot Sarah Jessica Parker angers NYC residents with stoop photo shoot
5
Amber Rose declares her love for Wiz Khalifa Amber Rose declares her love for Wiz Khalifa
Trending News
Around the Web
x
Feedback