Cage's Tax Woes

1 month ago 12th Oct 06:30

Nicolas Cage is facing more financial woes amid reports the actor owes over $6 million in unpaid taxes.

The Internal Revenue Service (Irs) has placed a tax lien on Cage's vastreal-estate holdings after he failed to pay income tax totaling $6.26 milion on his wages dating back to 2007, according to the New York Post.

The Gone In 60 Seconds star also reportedly owes an additional $360,000(Gbp240,000) in unpaid taxes related to his earnings between 2002 and 2004.

Just last week (begs05Oct09) reports emerged that the 45-year-old had defaulted on a $2 million loan.

Cage made efforts to cutback on his property empire earlier this year (09).

He listed his New Orleans mansion for $3.7 million shortly after selling off a Bavarian castle he owned in Germany amid reports of financial troubles.