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Friday, 15 April 2011 - Ozzy Osbourne pays off $1.7 million tax debts |
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    Edition: U.S. Article Comments (1) Follow Reuters Facebook Twitter RSS YouTube Read Aviation official quits over sleeping controllers 14 Apr 2011 U.S., allies see Libyan rebels in hopeless disarray | 14 Apr 2011 UPDATE 1-US aviation official quits over sleeping controllers 14 Apr 2011 Senate panel slams Goldman in scathing crisis report 13 Apr 2011 RIM's email-less PlayBook gets tough reviews 14 Apr 2011 Discussed 174 China tells U.S. to quit as human rights judge 143 Reid says Republicans want shutdown to close clinics 81 Obama to lay out deficit plan with focus on tax, spending Watched South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 NATO divided on Libya as Gaddafi celebrates Thu, Apr 14 2011 X-47B - the future of autonomous aerial warfare Fri, Feb 11 2011 Ozzy Osbourne pays off $1.7 million tax debts Tweet Share this LOS ANGELES (Reuters) - Heavy metal icon Ozzy Osbourne and his wife have quickly paid off their $1.7 million U.S. tax debts, a week after learning about their financial troubles from the news media. Sharon Osbourne, a tough-talking reality TV... Email Print Related News GE target of hoax saying it will return tax refund Wed, Apr 13 2011 Phil Spector lawyers urge new trial on murder charge Tue, Apr 12 2011 Synagogue blast suspect arrested in Ohio: FBI Tue, Apr 12 2011 Benicio Del Toro impregnates Rod Stewart's daughter Tue, Apr 12 2011 "Glee" and "Modern Family" honored by gay group Mon, Apr 11 2011 Analysis & Opinion Considering divorce? File your taxes like you’re already single US taxation datapoints of the day Related Topics Entertainment » Fashion » People » Ozzy Osbourne responds to a question backstage during the second of two 25th Anniversary Rock & Roll Hall of Fame concerts in New York October 30, 2009. Credit: Reuters/Lucas Jackson LOS ANGELES | Thu Apr 14, 2011 1:24pm EDT LOS ANGELES (Reuters) - Heavy metal icon Ozzy Osbourne and his wife have quickly paid off their $1.7 million U.S. tax debts, a week after learning about their financial troubles from the news media. Sharon Osbourne, a tough-talking reality TV personality who also manages her husband's career, said on Thursday the federal tax bill had been paid, and she was now on a mission to find out why the Internal Revenue Service filed a lien on one of the British couple's Los Angeles-area residences. "At 4:00 p.m. on Friday afternoon I received a phone call from my publicist who had a reporter on the other line informing her that the IRS had just put a lien on one of our properties," Osbourne said in a statement released to gossip writer Perez Hilton. She linked to it from her Twitter feed. "I then contacted my accountant who said they knew nothing about any lien. The lien has been paid. I do intend to find out how this lien happened without the knowledge of myself or my accountants. I hope none of this reflects negatively on mine and Ozzy's moral character." In earlier Twitter messages, Osbourne, a judge on TV show "America's Got Talent", appeared to point the finger at the couple's financial advisers but also took personal responsibility for the mess. "Just because you're paying someone doesn't mean they're doing the job correctly," she wrote on Friday. Three days later she added, "You can't rely on anyone but yourself. You have to be on top of your own business affairs. My fault ... lesson learned." According to the lien, filed on April 4, the couple owed $718,948.25 for the 2008 tax year, and $1,024,175.03 for 2009. A lien attaches to all property, such as a house or car, and usually gives the IRS first call on the sale proceeds. A British tabloid recently speculated that the Osbournes own at least seven properties worldwide, including at least two in the Los Angeles area. Ozzy Osbourne, 62, helped popularize heavy metal in the 1970s as the lead singer for Black Sabbath, a band that reveled in satanic imagery. After he was thrown out for excessive drug use, he launched a successful solo career guided by his wife, now 58. They have three children, and won a new generation of mainstream fans earlier last decade with a hit MTV reality show that documented the clan's eccentric lifestyle, ear-splitting arguments and deep familial bonds. (Reporting by Dean Goodman; Editing by Jill Serjeant) (To read more about our entertainment news, visit our blog "Fan Fare" online at blogs.reuters.com/fanfare/) Entertainment Fashion People Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (1) r-turo wrote: Nice watch, Ozzy! Cartier Ballon Bleu 24K Gold. Bling! Bling!! Apr 14, 2011 2:45pm EDT  --  Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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