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Paisley Park among those late on taxes
Submitted by Mark Olson on March 24, 2010 - 3:54pm.

http://www.chaskaherald.c...-taxes-103

By Richard Crawford

Chanhassen’s most-famous citizen isn’t immune to tax issues.

Prince’s Paisley Park studio at the intersection of Highway 5 and Audubon Road in Chanhassen is delinquent paying taxes. It’s just one of several properties in the county associated with Prince that are late on tax payments.

Carver County’s list of delinquent taxpayers was published last week in the Chaska Herald, the official newspaper for legal notices. The publication alerts delinquent property owners that they must either pay the delinquent taxes or file a written objection with district court by April 21. Ultimately, if taxes aren’t paid, property owners could face forfeiture within the next few years.

PRN Music Corporation, located at the Paisley Park complex, was listed as being late on $221,898 worth of property taxes. That property — by far — represented the largest amount of delinquent taxes for any property in the county.

According to the Carver County Taxpayer Services Department, taxes were delinquent for that parcel starting on May 15, 2009. The current market value for that parcel is listed at $6.5 million. The annual property tax for 2009 was $194,642 and half of that amount was due in May. The second half payment, due in October, also hasn’t been paid. As a result of the delinquency, more than $27,000 in penalties and $5,000 in interest has been added to the tax bill.

According to tax records, taxes on the parcel were also delinquent in 2006 and 2008. As a result, more than $7,000 in penalties were added to the tax bill at that time. Those have been paid off, according to the Carver County Taxpayer Services Department.

“Prince R Nelson” and “Paisley Park Enterprises Inc.” were also listed as owners of 11 other parcels in Chanhassen with current delinquent taxes. Several of the parcels currently have no buildings on them.

Representatives of PRN Music Corporation and Paisley Park couldn’t be reached for comment.

Richard Crawford can be reached at editor@chanvillager.com or (952) 345-6471.
[Edited 3/24/10 16:34pm]

awwwww Prince maybe it's time to go back to your roots have some good old fashion fun

It's like 1995 all over again Back then,he wasn't paying many of his bills.As others have said,it's a perfect time for a world tour.

PRINCE! RELEASE YOUR VAULT TRACKS!! DO IT NOW SO YOU CAN PAY YOUR DEBTS! We'll pay handsomely for your Vault songs! Start with 1978-1988!! Seriously, you will have all the money you need!! 99 cents per song, we'll all pay!

shiiit..

when it comes to the I.R.S...
money DOES matter tonight!

rudedog said:

YOU will..but I won't.

I am pretty sure this will be paid with a couple of weeks. No biggie.

skywalker said:

An accountant maybe?

smart said:

"...and he'$ dancing like he'$ never danced befoooore..."

skywalker said:

He surely doesn't read all the boring letters such as bills..but he surely says "yes" or "no", to what needs to be paid, specially important amounts; beside, am sure he's pissed off with all those taxes the state claims for..where does all this money go? who does take benefit of that...
the state wants to suck people to the bone, til last drop! pfff

fantasticjoy said:

well said...

Genesia said:

This is definitely something they hyped up to sell a few papers. It's only been 5 weeks since they notified him. Maybe they should seize his passport if he tries to flee the country and avoid extradition.

Is this why Prince is so desperate and will stoop to gutter levels to make money?

With that $77 a person from Lotusflow3r.com you'd *think* he'd be able to pay bills on time.. Just a thought.

skywalker said:

I now have a vision of Prince in his tiny kitchen, with his hair tied up in the handkerchief, thumping away on the calculator and proclaiming....

"Oh lawd...looks like I need to pull out the crap generator again and market me a new website...."

SupaFunkyOrgangrinderSexy said:

Do you have any proof of him stooping to "gutter levels"?

Or are you just talking out of your ass like always?

Why is this a story???

Business owners get large tax bills all the time.

Prince is FAR from broke!

He's still bringing in a fortune from Purple Rain.

You people are at a 9, when you need to be at a 2.

This is what happens when Prince doesn't release music or tour. Motherfuckers here completely run out of shit to talk about.

I think we're ALL paying our 2009 taxes right now (at least before April 15). Corporations have a different tax schedule anyway. Pleeeeezzzzze.








....somebody's looking at U

Can you even imagine? Prince in jail?
I mean reeeaaally. Think about that for a second.
Would he have custom tailored jail clothes?
Naaa I'm sure he's got the money to pay the taxes. Gotta figure he probably has financial people working for him and somebody missed a memo.

Paris9748430 said:

he lost his gutter lawsuit against the youtube baby or maybe you didn't hear?!

PurpleLove7 said:

It's public record and yes, often stories do get written about prominent citizens paying their taxes late. If it were someone else would you be questioning it?

The legal notices section of the newspapers in most jurisdictions post legal notices of lawsuits, divorces, forclosures, tax liens, etc routinely. Recognizable names are sometimes picked up by reporters and a story gets written.

thank fuck i changed my CC# on lotu$failur3.com before year 2!!!!

SupaFunkyOrgangrinderSexy said:

Uh, he wasn't the one suing. The mother was suing him.

But, I see you're not letting a silly thing like facts get in the way of a good argument!!!

VenusBlingBling said:

Yeah it's getting kinda wierd and I can't believe people are only thinking of what they could get out of this. Am I the only one wondering if the guy's okay?

clearly he's not okay. there is something serious going on.

errant said:

I agree, it's called being rich and famous.

It happens all the time.

People get sued all the time. It happens.

Time 2 unlock the vault!

Paris9748430 said:

yeah, i get it. u Prince. is that all?

Paris9748430 said:

Paris you're absolutely right. You don't even have to be rich and famous to be sued. The economy is so rough right now lots of people are looking for the nearest cash-cow to get-rich-quick. And the government...., they're desperate too. I've never paid so many parking tickets in my life!

errant said:

Yeah, because I'm not willing to dogpile on a non-story like this, I'm in love with Prince!!!

[Flame snip - luv4u]

Not everybody who's defending Prince wants to jump his bones.

Some people like me, think people here need to get lives of their own and stop worrying about the day to day business decisions of a musician.

Like I said earlier, this is a non-story, not because I think someone is "picking on Prince. But because when you're in business, you tend to get large tax bills.

Next time you might wanna think before you type.