Nicolas Cage To Pay $14M In Taxes

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

Saturday, Jan 16, 2010  |  Updated 4:15 PM CDT
View Comments (
)
|
Email
|
Print
Nicolas Cage To Pay $14M In Taxes

Getty Images

Nicolas Cage is looking to settle his debts.

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
What's New
Get Our Weather App
Stay ahead of the storm with the NBC... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out