Todd Spangler NY Digital Editor The Internal Revenue Service filed a claim in Vice Media Group’s bankruptcy case saying the company’s Refinery29 division owes the U.S.
government about $40.9 million in back taxes, interest and penalties. The total tax bill for Refinery29, a digital media outlet that focuses on fashion, beauty and wellness topics, runs from the first quarter of 2020 through June 2023, per the IRS’s claim filed on Aug.
3, according to the website established for Vice’s bankruptcy case, which is being overseen by the U.S. Bankruptcy Court for the Southern District of New York.
A rep for Vice Media Group did not immediately respond to a request for comment on the IRS claim. Vice Media completed the acquisition of Refinery29, for a reported $400 million price tag, in November 2019.
Read more on variety.com