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Chris Tucker And IRS Agree To $3.6 Million Settlement Over Back Taxes

October 30, 2023
in Black Media
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by Daniel Johnson

October 29, 2023

Chris Tucker and the IRS have lastly reached a deal on Oct. 23 relating to the actor greatest identified for his roles within the Rush Hour collection and The Fifth Aspect. In keeping with The Hollywood Reporter, Tucker pays $3.6 million to cowl again taxes he incurred in 2002, 2006, 2008, and 2010. The deal represents a superb discount for Tucker, because the IRS initially requested he pay $9.6 million.

This isn’t the primary time Tucker has been in discussions with the IRS, in 2010, 2011, and 2016 he started talks to pay again his debt in $25,000 to $50,000 a yr installments over a 10-year interval. Nevertheless, the talks broke down as soon as it was understood that Tucker wouldn’t have the ability to repay his stability earlier than the deadline. 

In 2021, USA At the moment reported that Tucker was sued by the IRS to pay his again taxes relationship again to 2002 plus tax penalties and curiosity amounting to $9.6 million. In keeping with the lawsuit, “Regardless of discover and demand for fee of the assessments set forth above, Mr. Tucker has uncared for, refused, or failed to totally pay the assessments towards him.” In keeping with their reporting, lots of the tax years Tucker confronted penalties for coincided along with his roles in Rush Hour 2 and Rush Hour 3. 

In keeping with Moneymade, Tucker is now price an estimated $5 million after being compensated $20 million for Rush Hour 2 and $25 million plus a 20% reduce of the movie’s earnings for Rush Hour 3. That movie went on to make in extra of $258 million which might have netted Tucker someplace round $63 million that yr. Tucker’s web price plummeted after a collection of tax issues, together with the tax lawsuit the IRS filed in 2021. Tucker even poked enjoyable on the unhealthy tax recommendation he obtained in a 2019 stand-up comedy particular for Netflix titled Netflix Is A Joke, one thing he instructed the IRS was the case whereas they have been investigating him. 

Tucker has indicated an curiosity in reprising his position as Particular Agent James Carter for a fourth installment of the Rush Hour franchise and in December 2022, his co-star Jackie Chan teased a attainable return, telling these in attendance on the Pink Sea Worldwide Movie Pageant that he had been in discussions with Warner Brothers. Nevertheless, based on Selection, a sequel is more than likely not going to occur as a result of the director of the trilogy, Brett Ratner, has been accessed of sexual harassment by a number of girls. Warner Brothers has reduce all ties with Ratner because of the allegations. 

RELATED CONTENT: The IRS Goes After Chris Tucker For Not Paying $9.6M In Again Taxes From 20-12 months Tax Dispute



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