The club were due in London's High Court on Monday with £84,500 outstanding, but the Nottingham Post claims that owner Ray Trew has now settled the debt out of his own pocket.
It is now expected to be dismissed on Monday when the case is brought before the judge with the HMRC expected to confirm payment.
The case was originally heard last month but was adjourned because the club was in the process of being taken over, with Trew promising he would settle the debt himself if the sale of the club had not yet gone through.
Notts County remains up for sale, with the likes of Paragon owner Alan Hardy, an Asian corporation and a UK-based hedge fund having expressed their interest in recent months.
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