State Of Ga. Slaps Nas With Tax Liens For $570K

Redwing80

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Rap veteran Nas owes a ton of money to the tax man – more than half a mill to be exact.

That’s according to the state of Georgia’s Department of Revenue, who hit the “If I Ruled The World” rapper with tax liens totaling $571,550 because officials said he never paid taxes on his income from a few years back.

Nas – who was a surprise guest last weekend at the Puff Daddy & The Family Bad Boy Reunion concert in Brooklyn – owes on two liens: one is for $145,708 from his income from 2008. That lien, filed in March, includes $58,154 in taxes, nearly $49,000 in interest, $14,538 in penalties and a “collection fee” of $24,075.

The other lien, also filed in March, is for $425,842 in back state taxes from his 2007 salary. That amount includes a nearly $60,000 penalty, more than $57,000 in interest and a nearly $71,000 “collection fee.”

It’s not the first time the Nas has gotten caught in Uncle Sam’s crosshairs. In 2011, the feds hit Nas with a federal tax lien for nearly $340,000 for taxes for his income from 2010.
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BOSSIP Exclusive: State Of Ga. Slaps Nas With Tax Liens For $570K
 

Harry B

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What the hell was he doing 07-08, seems like he gets hit with one of these every year for shyt that happened back then :mjlol:.

There should be some law that your accountant is held liable if shyt like this happens, cause I really don't think that cats like Wayne and Nas are sitting in their homes doing accounting. They have pretty advanced accounting too cause they make their money from various sources, countries, live in various states, get paid with cash, credit, through companies, directly, through the major label, royalties from publisher and on.
 

KENNY DA COOKER

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He need to marry that Brofman daughter like ASAP
 
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