Nas Hit With $300,000 Tax Lien By State of California
If Nas ruled the world, he would probably want all the taxes abolished. Unfortunately, we are living in the real world and Uncle Sam wants his money.
BOSSIP reports that the state of California’s Tax Franchise Board has issued a lien against the veteran rapper for $294,057 for income owed from 2014 and 2015. If Nas doesn’t pay his bill it will continue to garner interest and penalties. If need be, the state of California can also come for his properties to get the debt paid off. The lien will also be added to any new property that Nas decides to purchase.
This isn't the first time Nas had a run-in with tax problems. In May 2016, the Illmatic creator was hit with two tax liens for owing $425,842 and $145,708 in back taxes from 2007 and 2008. But earlier this year, Nas paid over $3.5 million in response to those liens.
However, the 43-year-old rapper reportedly still owes nearly $426,000 to the state of Georgia on income he earned in 2007. The debt includes a $60,000 penalty, over $57,000 in interest and nearly $71,000 in collection fees.