DMX Risks 44 years Jail for tax evasion

American rapper DMX is currently in trouble with the US tax authorities  as he is being charged with tax evasion. According to reports ...

American rapper DMX is currently in trouble with the US tax authorities  as he is being charged with tax evasion. According to reports the rapper has been concealing his income for severals years  and now owes the IRA a sum of about $1.4 million in unpaid taxes.

Reports say the rapper had been avoiding using personal bank accounts. He mostly used surrogate accounts including those of his business managers to gain his money without paying taxes and documents were brought forth to prove allegations.

The documents also listed his 2011 and 2012 income of  $353k and $542k respectively, which he hid. In 2013, when he was asked to report his income, he noted $10k, when in fact he earned $250k that year.
Other proofs were also the incident where he was paid $125,000 for appearing on a TV show "Couples Therapy", but when the cheque came in and saw that tax was withheld, he demanded a new cheque with the full amount, and got it.

TMZ claims DMX turned himself in on July 13, 2017, and may be indicted soon. If he is convicted of all 14 counts, he may be slammed with a 44 years prison sentence.


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BETA TINZ: DMX Risks 44 years Jail for tax evasion
DMX Risks 44 years Jail for tax evasion
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