Rick Ross has reportedly settled a large debt with the IRS. According to court docket paperwork obtained by The Blast, the Department of Treasury not too long ago filed a Certificate of Release of Federal Tax Lien towards Ross. Consequently, Rozay was pressured to pay a complete of $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 belongings if he didn’t pay the debt.
Now that Ross has paid the IRS in full, his earnings is not liable to being seized.
Ross not too long ago gained a small victory in court docket when a choose decided he might rap over 50 Cent’s 2003 hit “In Da Club” if he felt so inclined. The resolution settled a lawsuit 50 filed in 2015 after Ross used a part of the music 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.