Rick Ross Drops $four.6M To Settle Tax Debt With The IRS: Report

Rick Ross will not must worry the IRS seizing any his asset or his cash sooner or later after he cleared his multi-million greenback debt with the IRS.

Rick Ross lately settled his $four.6M debt with the IRS, TheBlast experiences. Official paperwork reveal that The Department Treasury filed a Certificate Release Federal Tax Lien after Rozay coughed up the cash to the IRS. The MMG boss paid $four,617,370.86 for a tax invoice that was left unpaid for over a 12 months. Ross was initially hit with the tax lien in 2016. The IRS informed Ross that if he did not clear his debt with them, they’d start the method to grab his belongings. 

Now that Rozay handed over $four.6M to Uncle Sam, he will not have to fret concerning the IRS seizing his revenue to fulfill his debt.

Aside from Rozay clearing his debt, he additionally claimed victory in his authorized battle with 50 Cent over his “In Da Club” remix which landed on 2015’s Renzel Remixes. The choose threw out the lawsuit, claiming Fif did not have a legitimate argument as a result of he did not personal the copyright or the grasp recordings the music. 

Now that the lawsuit was thrown out and his debt has been settled, hopefully, we’ll get his forthcoming venture, Port Miami 2 earlier than the top the 12 months.