27 July 2009 19:16

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SEAN COMBS - DIDDY HANDS OVER CASH FOR OUTSTANDING TAX BILL

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Sean Combs , aka P Diddy, arriving amongst the crowds of fans coming to watch the second finals match between Orlando Magic and the Los Angeles Lakers

Caption: Sean Combs (Picture), aka P Diddy, arriving amongst the crowds of fans coming to watch the second finals match between Orlando Magic and the Los Angeles Lakers Los Angeles, California ....

DIDDY HANDS OVER CASH FOR OUTSTANDING TAX BILL

Rap mogul SEAN COMBS has finally paid up to settle a two-year-old tax bill.
The hip-hop star owed America's Internal Revenue Service (IRS) $7,373 (£4,915) after underpaying the federal tax for the Atlanta, Georgia branch of his restaurant Justin's in 2007.
Combs' assistants claimed they were unaware of the financial oversight, blaming an address mix-up for failing to receive the IRS warnings about the outstanding amount.
The entrepreneur is now up to date on his tax payments after writing out a new cheque for the debt - but he's baffled about how the administration error occurred.
His spokesperson says, "The new address was on file with the IRS, so it is surprising this happened."


27 July 2009 19:16


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