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Ledger Pop Journal - Celebrity News & Sports
Nicolas Cage IRS Tax Bill - $14 Million!
Jan 19, 2010
Nicolas Cage plans to pay back money he owes to the IRS. The actor recently had a tax lien slapped on his real estate holdings that included $6.7 million from 2008.
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| Nicolas Cage IRS Tax Bill - $14 Million! (Image: Splash News) |
He said: "Over the course of my career I have paid at least $70 million in taxes. Unfortunately, due to a recent legal situation, another approximate $14 million is owed to the IRS."
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In an exclusive statement to People, he said: "However, I am under new business management and am happy to say that I am current for 2009, all taxes will be paid including any to be determined state taxes."
Cage was last month slapped with a $13 million lawsuit from the mother of his son, Christina Fulton.
She earlier blamed Cage's financial collapse on the actor's "compulsive, self-destructive spending". He also faces at least one other lawsuit for at least $36.7 million from Red Curb Investments.
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