EXCLUSIVE: Ye’s 'Yeezy' clothing brand owes California over $600,000 in unpaid tax debt, according to government records reviewed by NBCNews.
Lynn LoPucki, a professor of law at the University of Florida who specializes in secured transactions and bankruptcy research, said the liens also raise questions about California’s debt collection policies.
The Internal Revenue Service said, “Federal law prohibits the IRS from commenting on or confirming anything related to private taxpayer matters.” “Those would be things like unemployment insurance and state disability insurance taxes, things like that,” said Kirk Stark, the Barrall Family Professor of Tax Law and Policy at UCLA School of Law.
Of the liens listed as active with no indication of termination, the earliest is from the tax year 2020. According to Forbes, which reportedly saw internal Yeezy documentation in the process of assessing Ye’s billionaire status, the Yeezy brand was “functionally tied” to Adidas during the period of their contract.
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