IRS hits Mike Tyson with tax lien on mansion – Internal Revenue Service – Brief Article
Troubles continue for former heavyweight boxing powerhouse Mike Tyson. Most recently, he was hit with a $6.3 million tax lien on his 61-room mansion in Connecticut.
The Internal Revenue Service (IRS) placed the lien on the Farmington, CT, estate last month, a week before Tyson signed a $33 million agreement with Showtime. The contract requires him to pay off the lien.
However, Tyson’s payments from Showtime might depend on his reinstatement to professional boxing. Tyson is awaiting the outcome of a hearing before boxing regulators in Nevada, where he is trying to get his box mg license back.
Under the Showtime contract, Tyson must pay off several debts, including taxes on his 1996 income, as soon as possible, The Hartford Courant reported. The embattled boxer owes the town of Farmington nearly $25,000 in property taxes. IRS public affairs officer Barbara Shuckra told the paper the taxes had not been paid.
The mansion has been for sale with a $22 million price tag for more than a year. It has 24 baths, 20 bedrooms, seven gourmet kitchens, an indoor Olympic-sized swimming pool and an NBA regulation-sized basketball court.
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