Back Taxes
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Lil Wayne OWES The IRS $12 Million in Back Taxes; Feds Threatening to Seize The Rappers Florida Home
March 04, 2014GWL Staff
The new year is not looking too bright for "Young Money" CEO and rapper Lil Wayne, who was just slapped with a $12 million tax lien, for failing to pay income taxes in 2011 and 2012.
Per Gossip-Grind (via TheBoomBox), according to court docs -- filed with the Miami-Dade County Clerk’s office -- Wayne failed to pay $5.8 million in 2011 and $6.3 million in 2012. If Wayne doesn’t cough up the dough, the IRS is threatening to seize his luxurious mansion in La Gorce Island, Fla., which was listed at $11.6 million in 2011.
The nine bedroom home comes with a three-car garage and a three-bedroom guesthouse adjacent to a large swimming pool. Wayne joins a list of rappers who have failed to pay their taxes.
Luckily, Weezy however won't be doing any jail time -- not like his fellow artist friends Lauryn Hill and Fat Joe who weren't lucky to escape the wrath of the law and had to do prison time on tax-evasion charges. But we digress...
This isn’t Wayne’s first run-in with Uncle Sam. Back in 2012, the Miami based rapper paid $7.72 million in back taxes to the IRS.
3 comments
BETTER PAY UP WAYNE
ReplyDeleteDamn it man!
ReplyDeleteTwo things you can be sure of in life...you gonna die and pay taxes
ReplyDelete