DMX Owes $1.7 Million In Taxes After Being Arrested For Tax Fraud

Rapper DMX was arrested on Thursday.

According to The Hollywood Reporter, the rapper was arrested on charges of tax fraud and owes $1.7 million in taxes over the past few years. DMX, whose real name is Earl Simmons, will arrive in a Manhattan court on Friday.

RELATED: Ariana Grande Costa Rica Concert: Man Arrested After Making Threats On Social Media

The rapper evaded paying taxes by setting up different accounts in different names. Through those accounts, he paid for things in cash and not credit.

According to the release issued, DMX, 46, refused to be paid by check for his time on VH1’s “Celebrity Couples Therapy” until it was issued without withholding taxes. DMX also earned 2.3 million from 2010 to 2015.

The release suggests he earned royalty income from his music that was deposited into bank accounts of managers who gave it back to him in cash.

RELATED: Shia LaBeouf Arrested For Disorderly Conduct, Public Drunkenness

It was also revealed that the rapper attempted to hide his earnings from the IRS. He did this by filing a false affidavit in U.S. Bankruptcy Court and wrote that his income was “unknown” for the years 2011 and 2012, although the federal charges insist that he earned money during that time.

This isn’t the first time he has been in trouble with the law. DMX has had several driving-related arrests, arrests for drug possession, DUI and animal cruelty.

DMX is currently facing 14 different counts for tax fraud and evasion.



Powered by VIP