The document, obtained by TMZ.com, reveals Nicolas Cage gave away roughly $1.8 million worth of gifts since 2004 and reportedly owes the government just over $600,000 in unpaid taxes.
In 2009, it was reported the movie star owed $14 million to the IRS after receiving demands for tax on his income from 2002 to 2004 and 2007.
The scandal prompted Nicolas Cage to file suit against his former business manager, Samuel Levin, accusing the accountant of misleading him and overcharging for his services, sending him "down a path of financial ruin".
Levin counter sued, alleging Nicolas Cage squandered his cash on lavish homes and luxury cars and was to blame for his own financial missteps. The legal dispute was settled in August 2010.
By the end of 2010, Nicolas Cage had begun making amends with the IRS and, according to documents obtained by
0 comments:
Post a Comment