You Can Run, But You Can’t Hide: Uncle Sam Is Taking Nas’ Concert Money

8 Comments
November 20, 2012 ‐ By Jazmine Denise Rogers

Source: WENN

What is it with celebrities and tax drama? It seems like Hip Hop icon Nas is just another notch in Uncle Sam’s belt of celebrities who are being forced to pay their taxes because they fail to do so voluntarily. According to TMZ, the State of Georgia has recently filed a $1, 083,435 tax lien against the rapper for failing to pay taxes he owed to the state from 2006, 2007, 2008, 2009 and 2010.

How do they plan on getting their money you ask? Well, you know that big Live Nation concert tour that Mr. Jones has been on? Apparently The Georgia State Department of revenue was granted an order which gives them the power to command Live Nation to garnish his wages “until the department is satisfied”.

Considering the price point for a ticket to one of these shows, $1 million dollars is probably chump change. A representative for the Queens rapper assured TMZ that the matter has been taken care of and that Nas has settled with the Georgia Department of Revenue; however, the GDR is claiming that the case is indeed still open and that they are still going after him.

This isn’t the first news of Nas and his tax drama with the state of Georgia. If you recall, a few weeks ago news broke that he lost his  two-bedroom, three-bath Georgia home to foreclosure, which he purchased for $585,000 back in 2004, however he couldn’t maintain the payments and still owed SunTrust Bank $507,000. After foreclosing the property, the bank sold the house in a public auction for $348,500.

While his tax problems in Georgia seem like they may be getting resolved soon if they haven’t already been resolved, it is being reported that the rapper also owes the Federal Government millions of dollars in unpaid taxes as well.

The rapper’s most recent album,”Life Is Good” was number one on the Billboard Charts; however, it is hard to tell if this was enough to pull him out of the financial turmoil he’s gotten himself in. Hopefully his financial matters get resolved soon.

Jazmine Denise is a writer living in New York. Follow her on Twitter @jazminedenise

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  • http://twitter.com/MsRedboneBrite Tee Elyse

    Hope Nas gets this taken care of soon, I heard all of his record sale and concert proceeds were going to the IRS a while ago… Love me some Nas!

  • IllyPhilly

    No financial adviser on payroll, but Willie the w33d man gets his check?

  • realadulttalk

    I guess the one thing his first childs mother was not lieing about is the fact that he is not good with money. He has too many songs that have been sampled to be here…but I guess he really doesn’t own the rights.

  • TRUTH IS

    I believe Jay Z put a spell on Nas career

  • Joy

    Next celeb, athete who owes taxes, child support………….

    • Shonda Johnson

      You meant “athlete”,dummy!!!

      • Candacey Doris

        No need to get all hostile. it’s a grammar mistake, not an error in the map to the lost ark of the covenant. Be easy.

        • sabrina

          hahahaha i love this!!