Filed in archive
litigation
by leon on September 9, 2008
Earlier this year, I did a blog entry looking at Nicholas Cage's battle with the Internal Revenue Service. All over his treatment of meals , gifts and that Gulfstream 1159A turbojet. Quite understandable. Everyone can relate to that!
Now, the actor has finally settled to pay the tax man $666,000 in tax debts plus interest. Now, the IRS was seeking $1.8 million which prompted Cage's representatives to put out a statement, as reported by Forbes: "The $1.1 million adjustment in favor of Mr. Cage clearly shows that he was correct and within his rights as an American to challenge the IRS assessment."
Permalink: Nicholas Cage settles tax claim
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Don't Mess With Taxes
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