Rick Ross Reportedly Settles $4M Tax Debt

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Rick Ross has reportedly settled a large debt with the IRS. According to courtroom paperwork obtained by The Blast, the Department Treasury just lately filed a Certificate Release Federal Tax Lien towards Ross. Consequently, Rozay was pressured to pay a complete $four,617,370.86, which settled a 2012 tax invoice he’d left unpaid for over a yr.

The IRS hit Ross with the lien in 2016 and threatened to seize his property if he didn’t pay the debt.

Now that Ross has paid the IRS in full,  his earnings is now not in danger being seized.

Ross just lately received a small victory in courtroom when a decide decided he may rap over 50 Cent’s 2003 hit “In Da Club” if he felt so inclined. The determination settled a lawsuit 50 filed in 2015 after Ross used half the tune for the “In Da Club” remix featured on his Renzel Remixes mixtape.

According to Ross’ legal professional Leron Rogers, the Power exec doesn’t personal the copyright or grasp recordings for the platinum-selling minimize. It nonetheless belongs to Shady/Aftermath Records.