Nicolas Cage Will Pay IRS $14 Million
The actor tells PEOPLE his tax payments are current for 2009
Nicolas Cage is determined to get his financial house in order and to pay the IRS all that he owes in back taxes.
While the government recently placed a tax lien on his real-estate holdings, including an additional $6.7 million from 2008, “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,” Cage tells PEOPLE in an exclusive 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.”
Cage will next be seen in the thriller Season of the Witch in March.