Dame Dash Reportedly Owes $4.14 Million In Back Taxes To The IRS
Music mogul Damon Dash owes New York state $4.14 million in taxes, according to data released by the Department of Taxation and Finance.
Dash, Jay Z’s former manager and business partner at Roc-A-Fella Records, has been hit with a lien over state income tax he owes from 2005, 2007, 2010 and 2011.
Dash — who’s launching a new streaming service similar to Netflix through his Website — has been battling the IRS for years over claims he owes millions in taxes. In 2013, he reportedly was hit with a nearly $3 million tax bill by Uncle Sam.
Reached by e-mail, Dash, 44, simply told Page Six, “Y’all telling the same story for five years.”
In 2011, he confirmed he owed “way more” than $2 million in taxes and that the IRS was auditing him. He said the audit was a result of his accountant’s failure to itemize his expenses. “If I have an accountant that just reports I just invested $10 million in my business and he doesn’t exactly itemize where every cost goes, it gives a flag to the government,” he said.
Dash was named No. 35 on the new list of the top 250 New York state delinquent taxpayers.
Maybe Dame can borrow some of his son’s cookie money to help pay this bill. Just a thought.
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