Nicolas Cage To Pay $14M In Taxes

The actor has already paid $70M over the course of his career

Saturday, Jan 16, 2010  |  Updated 2:15 PM PDT
View Comments (
)
|
Email
|
Print
Nicolas Cage To Pay $14M In Taxes

Getty Images

Nicolas Cage is looking to settle his debts.

advertisement

Nicolas Cage is looking to settle his debts.

The tax-troubled star said he's going to pay $14 million in taxes to the IRS, according to People.

"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," the star told the mag in a statement. "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."

As previously reported by AccessHollywood.com, Cage is embroiled in a number of lawsuits, including one filed by Red Curb Investments. The actor recently lost two of his New Orleans homes in foreclosure auctions.

Related Content from AccessHollywood.com:
VIEW THE PHOTOS: Nicolas Cage
PLAY IT NOW: Preview: Disney's 'The Sorcerer's Apprentice'
PLAY IT NOW: Nicolas Cage Wins Lawsuit Against Kathleen Turner

MORE ACCESS ON THESE TOPICS: Nicolas Cage - Movies - Lawsuits - Celebrities

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out