potiner.com
potiner.com Juillet 23, 2017


DMX charged for not paying $1.7 million in taxes

17 Juillet 2017, 10:47 | Romane Jacquinot

DMX in Deep With the IRS, Facing 14 Counts of Tax Evasion

DMX Has Turned Himself Into Law Enforcement For Tax Evasion Charges

"While earning millions from hits like 'X Gon' Give It to Ya, ' DMX didn't give any of it to the IRS", Kim posted to the Southern District of New York's official Twitter account.

According to CNBC, X allegedly concealed millions of dollars in income to avoid paying $1.7 million to the IRS.

DMX pulled off the scheme by maintaining a cash lifestyle, avoiding personal bank accounts and setting up ones in the names of his business managers to pay personal expenses, prosecutors said. Simmons cooperated with the police as they took him into custody and was immediately scheduled for Manhattan federal court before Judge Andrew J. Peck.

Later that year in December, DMX released his second album, Flesh of My Flesh, Blood of My Blood.

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In the past, the rapper has admitted to having mental health issues, including depression and bipolar disorder, as well as battles with substance abuse and stints at various rehab centers.

Simmons, in further efforts to evade taxes, even allegedly held up a "Celebrity Couples Therapy" taping "until a properly issued check he was issued was reissued without withholding any taxes".

Simmons is accused of failing to file personal income tax returns between 2010 and 2015.

Outside court, DMX explained to reporters why he turned himself in.

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Upon leaving the courthouse, he was asked if he had a message to his fans.

His lawyer, Murray Richman, blamed the tax lapse on DMX's financial advisers.

DMX has run afoul of the law again. In the present time, TMZ notes that the "Last Hope" rapper owes the IRS nearly $1.7 million.

The IRS also alleges that X tried to conceal his income in the years 2011, 2012 and 2013 by either reporting his income as "unknown" or drastically understating how much he actually made.

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Rapper DMX just added tax fraud to his list of legal woes.



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