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Friday 29 March 2019

Lil Wayne reportedly pays off massive $14 Million Tax Debt

Lil Wayne reportedly pays off massive $14 Million Tax Debt
Legendary rapper, Lil Wayne, has reportedly paid off a massive $14 Million Tax Debt.
According to court records obtained by The Blast, Weezy recently coughed up $14 million to settle his tax debt. The IRS filed releases of two separate federal tax liens against Wayne.
Back in 2017, the liens accused Wayne of failing to pay $7,341,399.07 in 2011 and $6,853,545.77 in 2012 for a grand total of $14,194,944.84.
It's understood the rapper must have cleared off the massive debt from the settlement money he received from Birdman last year when the two settled their years-long legal battle over his record deal.
At that time, Wayne who accused his label of owing him tens of millions of dollars, including an $8 million advance for “Tha Carter V” received an eight-figure payout from Universal Music Group and officially cut ties with Birdman’s record label, Cash Money Records.

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