Nicolas Cage’s tax troubles are growing faster than Tiger Woods’ mistress list.
Back in August we reported that the IRS had filed a $6.2 million lien against him. Now, WebCPA reports that the IRS has slapped another lien on Ghostrider, this one for $6.7 million.
I usually don’t empathize with mega-rich celebrities with tax problems, but in Cage’s case it seems appropriate to do so. It really does look like he got screwed by his financial managers:
Cage has sued his ex-manager and accountant, Samuel Levin, accusing Levin of making poor investment choices in risky real estate and failing to pay the actor’s taxes, leading him “down a path toward financial ruin.”
And he seems to be making a good faith effort to pay off the debt:
The actor has been selling off his mansions and other property around the world in an effort to pay off the tax liens. Cage said last Friday that he is getting “current” with his tax debts. “Over the course of my career I have paid at least $70 million in taxes,” he told People.com in a statement.
“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.”
For good or ill, I expect we’ll see a heck of a lot of Nick Cage flicks in 2010.
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