Las Vegas Sands' $2.75 special one-time 2012 dividend translates into a nearly $1.2 billion payout to founder and casino mogul Sheldon Adelson, who owns roughly 431 million shares of his company.
This year, Adelson will pay just $178 million in dividend taxes to the U.S. government with the dividend tax rate at 15%. If the dividend rate rises to 43.4%, Adelson would be forced to pay $514 million on the $1.2 billion dividend.
Las Vegas Sands (LVS) did not return calls for comment.
