Sunday, 29 May 2016

State Of Georgia Says Hip Hop Legend Nas Owes Back Taxes

Rap veteran Nas owes more than half a mill to the tax man ! 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 Reunionconcert 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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