Chris Tucker has cleared his huge tax bill after he was able to work out the resolution with IRS that filed a 2.5 million dollars tax lien against him.
The 'Silver Linings Playbook' star's rep said that the tax bill was because of "poor accounting and business management", CNN reported.
Tucker's representative said that he federal tax collector placed a 2.5 million lien against Tucker in Georgia, but it was just a "technical requirement" before a settlement could become official.
The representative added that the 42-year-old actor had not incurred any new tax years and the current lien filing by the IRS was the result of an audit that lasted for four years which stemmed from poor accounting and business management.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app