Rapper Master P's Tax Breakdown

Here’s a breakdown of Rapper Master P’s Tax Debt (this only includes information available to the public)

In February of 2004 Percy Miller aka Master P plead guilty to tax evasion where his corporation “Bout It Incorporated” failed to file its first-year tax return and report its earnings. The outcome of the case is not available for public view but it is alleged to be $2.3M in taxes. No Limit Records, a company under Bout It Incorporated filed for Bankruptcy in 2003.

In December of 2013 the state of California hit Miller with a $237K tax bill for unpaid taxes for 1999 and 2000.

In January of 2018 the Rapper was then hit with a federal tax lien in the amount of $1.5M for the years of 2004 ($1,199,769.48), 2005 ($305,245.73), and 2008 ($4,447.50).

The current situation between Master P and his son Romeo is sad and seems to be filled with a lot of hurt so I won’t speak on that but I will say this…it doesn’t look like Master P was paying his taxes when Romeo’s money was under his control as minor because that first lien hit in 2013 when Romeo was of age….but imma mind my business and pray for healing for their family ♥️

#masterp #lilromeo #romeomiller #percymiller #mentalhealth #mentalillness #boutit #nolimit