Dame Dash's Tax Woes Revealed
Former Roc-A-Fella Records mogul Dame Dash is opening up about his financial troubles. Dash appeared on Sway Calloway's "Sway In the Morning" radio show to talk about his tax debts and other issues.
"I owe way more than $2 million in taxes," said Dame. "That must've just been the IRS. Nah, nah, I'm f*cked up."
"They're auditing me," explained Dame. "When you're a business man, you have a lot of businesses, a lot of times they think you're laundering money or you're pretending you're writing things off that you don't. I'm a true businessman. As you know, I believe in my independence, I have no partners, so every dollar I make goes right back into every business I have."
"If I have an accountant that just reports I just invested $10 million in my business and he doesn't exactly itemize where every cost goes, it gives a flag to the government," he continued. "They want to make sure that the reason I'm not paying taxes is because I'm reinvesting in these businesses and not trying to hide stuff."