Rick Ross has reportedly settled a massive debt with the IRS. According to court documents obtained by The Blast, the Department of Treasury recently filed a Certificate of Release of Federal Tax Lien against Ross. Consequently, Rozay was forced to pay a total of $4,617,370.86, which settled a 2012 tax bill he’d left unpaid for over a year.
The IRS hit Ross with the lien in 2016 and threatened to seize his assets if he didn’t pay the debt.
Now that Ross has paid the IRS in full, his income is no longer at risk of being seized.
Ross recently won a small victory in court when a judge determined he could rap over 50 Cent’s 2003 hit “In Da Club” if he felt so inclined. The decision settled a lawsuit 50 filed in 2015 after Ross used part of the song for the “In Da Club” remix featured on his Renzel Remixes mixtape.
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According to Ross’ attorney Leron Rogers, the Power exec doesn’t own the copyright or master recordings for the platinum-selling cut. It still belongs to Shady/Aftermath Records.
