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Nicolas Cage
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Nicolas Cage News
Nicolas Cage to Pay $14 Million to IRS
January 16, 2010
Nicolas Cage
is ready to put his financial problems behind him and start 2010 on a fresh note.
Cage, who owes over $14 million dollars in back taxes, just released a statement saying he's planning on paying all of it off this year.
"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...
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Johnny Depp to Help Nick Cage Pay Off Debt
November 13, 2009
Johnny Depp
to the rescue! The actor has reportedly rushed to the side of his good friend
Nicolas Cage
, who has recently run into some money problems.
Cage is reportedly $6.26 million in debt to the IRS for failing to pay taxes in 2007. He’s now trying to sell both of his homes, and already sold his German castle for $2.3 million, which is a lot less than what he bought it for.
Cage also has a bit of...
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Nicholas Cage's Father Dies of Heart Attack
October 29, 2009
Sad news to report in Hollywood today.
Nicolas Cage
’s father August Coppola has died of a heart attack at age 75.
Cage’s rep Annett Wolf released the news, saying that he passed on Tuesday.
Coppola was a literature professor and served as dean of creative arts at San Francisco State University. Besides Cage, Coppola is survived by sons Christopher and Marc, and three grandchildren.
According to
Popeater
, Nicholas Cage is the nephew of director Francis Ford Coppola and actress...
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Nicholas Cage Sued For $2 Million
October 02, 2009
Nicolas Cage
is in some financial trouble! The actor has just been slapped with a $2 million lawsuit.
He’s being sued by East West Bank for breach of contract. According to
TMZ
, the institution claims they extended Cage a line of credit in the amount of $2 million in August 2007.
The bank also claims he agreed to a payment plan, and he was supposed to pay $11,590 per month. The bank says he missed his payments in May, June,...
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Nine More Injured on Nick Cage's Movie Set
May 08, 2009
Nicolas Cage
’s current movie
The Scorcer’s Apprentice
is a dangerous set to be a part of! Nine more people have been injured after an action sequence went terribly wrong.
On Wednesday morning, an SUV smashed into a parked car near the set in Times Square. It was meant to crash into a set taxi cab, but the driver lost control and crashed into the wrong car, causing both vehicles to jump a curb where crew members were sitting. Nine people...
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Nicolas Cage Accused of Tax Fraud
February 20, 2008
There are two guarantees in life; death and taxes.
Nicolas Cage
had found a clever way to get out of the second part, but unfortunately for him, the IRS caught on.
Cage has been accused of using his production company to "wrongly write off $3.3 million in personal expenses."
He's allegedly been using his company, Saturn Productions, to pay for "limos, meals, gifts, travel", reports Forbes.com
However, a rep for the star says the items were "security needs". Cage has filed a U.S. Tax Court...
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Comments (6)
Nicolas Cage Buys Island
May 20, 2006
Nicolas Cage
has bought a second island in the Bahamas, after selling his luxury Malibu, California, home for nearly $10 million
Cage spent a reported $3 million on the 40-plus-acre getaway, which he plans to turn into a romantic hideaway for him and wife Alice, who he married in 2004.
It's the second time the actor has bought island property in the Caribbean region - in 2000 he bought another Bahamian island.
The closest I can get to my own island is...
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Nicolas Cage's little tyke
January 24, 2006
Thank God for hollywood, what else would we do with our lives if celebrity pictures werent stolen and mass produced on the internet?? The first pictures of the product of Nicholas Cage and his sushi waitress bride Alice Kim, Kal-el, have hit the internets.
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