Records show UL System President Rick Gallot owes $350K in taxes
BATON ROUGE — A tax lien filed with the East Baton Rouge Parish Clerk of Court shows that Rick Gallot, the president of the University of Louisiana System, owes $350,000 in federal income taxes.
Gallot, who has overseen the UL system’s eight schools since the beginning of 2024, owes taxes dating back to 2019, according to the lien filed last month by the IRS. Gallot’s total compensation package with the university system is valued at $600,000 per year.
Gallot owes a total of $351,312.78, according to the IRS, including more than $114,000 for 2020.
Gallot has not yet responded to WBRZ’s requests for comment, but told The Advocate that his former accountant failed to file his federal income tax return for the year 2019 because of pandemic disruptions in 2020. He says his new CPA has since filed the 2019 return and is disputing the final amount of taxes owed.
Trending News
He told The Advocate that he has been trying to resolve the issue with the IRS since 2024 when he alleges he first received a notice of the missed payment.