Kanye West has revealed he owes $US50 million ($74 million) in taxes.
The rapper mentioned his monetary state of affairs this week on Tim Pool’s Timcast podcast – the identical podcast he walked out on after being pressed on his controversial remarks about Jewish folks.
In the interview, West mentioned that the US Internal Revenue Service (IRS) have froze his accounts due to the staggering quantity excellent and he solely came upon when his “finance people” instructed him he would have to “pay a lot of taxes”.
“I’m talking about literally finding out that they were trying to put me in prison this morning,” he mentioned on the podcast. “But I found out … they put a $75 million [$110 million] hold on four of my accounts.”
“And then they said, ‘You owe a lot of taxes’. Took me like six hours to find out how much… around $50 million [$74 million].”
The rapper mentioned he is now consulting “different CFOs” as he’s “obviously not the most financially literate person on the planet” to see if not paying the IRS constitutes tax evasion.
“So now… I get to actually learn how to run a company,” West went on. “I get to learn how… to count, really. It’s like I didn’t even know where to put the money.”
The information comes at some point after West – who was value a cool $1USbillion ($1.4 billion) at first of the yr – and his ex-wife Kim Kardashian finalised their divorce.
In the settlement, West is required to pay his ex $US200,000 ($296,000) per 30 days for his or her 4 kids: North, 9, Saint, six, Chicago, 4, and Psalm, three. The rapper may even pay half the bills for his or her children’ training and safety.
According to TMZ, the previous couple will get joint custody with “equal access” to their kids, though West has acknowledged his ex-wife already has the children 80 per cent of the time.
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