The mire gets stickier and stickier.
Is it a tax on any gains?
Will there be any given it's a fire sale?
Oh yes. Of course, he undervalued the properties to the state, even as he overvalued them to lenders. So there may well be gains to account for.
That's going to sting. And I suppose the state will put any surplus funds from any sales in escrow, pending the tax payments.
Given he is probably worth 1/10th or less of what he claimed, he may be totally broke.