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Nicolas Cage Forum/ Planet Cage -> Nic News -> Nicolas Cage is paying his tax.
Post Info TOPIC: Nicolas Cage is paying his tax.
Nick 4 Life


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Nicolas Cage is paying his tax.
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Corelli wrote:
Good news...Nicky is going to pay back all his taxes.biggrinwink


http://www.people.co.uk/news/tm_headline=cage-owes-pound-8m-taxes&method=full&objectid=21973745&siteid=93463-name_page.html

Cage owes £8m taxes

Film star Nicolas Cage is starting to tackle his cash crisis - by paying his tax.

The US actor, 46, admits owing £8.6million. But he said: "Now I'm under new management I'm happy to say all taxes will be paid."

Cage is suing ex-manager Sam Levin for £12million for allegedly leading him to the brink of ruin.

But he is being sued for at least £11million by Levin, a bank, a property firm and his ex Christina Fulton.



I think they cut the quote a bit short.  What Cage actually 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.  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."

 

What I find interesting is, usually Cage doesn't speak or make statements about his personal affairs.  I suppose the scrutiny of the media has forced him to make a personal statement coming from him and not his lawyers or managers.






-- Edited by Nick 4 Life on Monday 18th of January 2010 01:43:23 AM

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Corelli


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Good news...Nicky is going to pay back all his taxes.biggrinwink

http://www.people.co.uk/news/tm_headline=cage-owes-pound-8m-taxes&method=full&objectid=21973745&siteid=93463-name_page.html

Cage owes £8m taxes

Film star Nicolas Cage is starting to tackle his cash crisis - by paying his tax.

The US actor, 46, admits owing £8.6million. But he said: "Now I'm under new management I'm happy to say all taxes will be paid."

Cage is suing ex-manager Sam Levin for £12million for allegedly leading him to the brink of ruin.

But he is being sued for at least £11million by Levin, a bank, a property firm and his ex Christina Fulton.



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