Price-hiking pharmaceutical CEO Martin Shkreli reportedly owes the government more than $4.5million in unpaid taxes.
The Internal Revenue Service filed a federal tax lien against the 32-year-old last month saying he allegedly owes $3,431.85 from 2013 and $4,625,496.70 from 2014, Gawker reported.
The document states a demand for payment was made but that it is still unpaid, resulting in a lien ‘in favor of the United States on all property and rights to property belonging to this taxpayer for the amount of these taxes.’
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Price-hiking pharmaceutical CEO Martin Shkreli (pictured on February 3 as he leaves court) reportedly owes the government more than $4.5million in unpaid taxes
The Internal Revenue Service filed a federal tax lien against the 32-year-old last month saying he allegedly owes $3,431.85 from 2013 and $4,625,496.70 from 2014, according to the notice shown above
The notice was prepared on December 18 and was filed on January 11.
The news comes as Shkreli, who is often referred to as ‘pharma bro’, made an offer of $10million to buy out Kanye West’s newest album out so it ‘don’t get released publicly.’
On Thursday, Shkreli shared his offer on Twitter in which he asked Kanye to withhold the release of his album: ‘Here is my initial offer for the album. @kanyewest Thanks for your consideration and I look forward to your response.’
His offer in part read: ‘I am writing to you in hopes of convincing you to withhold the release of your forthcoming studio album.
‘Instead of releasing this product for your millions of fans, I ask you to sell this recording soley to me, for the price of $10,000,000.
‘I believe you (and your partners) will find this financial arrangement more attractive than your current course of action.’
Shkreli pictured above on Feburary 4. The document states a demand for payment was made but that it is still unpaid, resulting in a lien ‘in favor of the United States on all property and rights to property belonging to this taxpayer for the amount of these taxes’
On Thursday, he tweeted at Kanye West with an initial offer of $10million for the rapper’s newest album
Shortly after he added that his offer should delay the release of the album, The Life of Pablo, by a few days.
‘Kanye and his label are legally required to take my offer letter to their Board of Directors, ‘ he wrote. ‘This should delay the album by a few days.’
His offer came as the album was set to be released on Thursday, debuting at his New York Fashion Week show.
On Tuesday, a Long Island artist sued Shkreli and others over the use of his art in a Wu-Tang Clan album, saying he never expected portraits he posted on a fan blog two years ago to be used without his permission.
Kanye West shared his cover art of the album on Twitter on Thursday, noting it was the work of Peter De Potter
Following his offer, Shkreli tweeted that his offer should delay the release of the album by a few days
Artist Jason Koza said in the Manhattan federal court copyright infringement lawsuit that his portraits of members of the New York-based hip-hop group were used without authorization on an album Shkreli bought for $2million.
The lawsuit comes after Shkreli’s recent not guilty plea in Brooklyn federal court to securities fraud charges claiming he cheated investors in companies he created.
Shkreli became widely known last year after a drug company he founded, Turing Pharmaceuticals, spent $55million for the U.S. rights to sell a life-saving medicine called Daraprim and then raised the price from $13.50 to $750 per pill.
In recent testimony before a congressional committee investigating the price of drugs, he remained silent, citing the Fifth Amendment on the advice of his attorney, Benjamin Brafman.