Nicolas Cage pays off $600k tax debt
Los Angeles - Nicolas Cage has paid off $600 000 towards his massive tax debt.
The actor is slowly paying back the $13m he owes in back taxes after splurging on extortionate purchases between 2004 and 2009, TMZ is reporting.
However, he still owes about $6m thanks to his love of expensive gadgets, despite already paying off $6 257 005 in April.
The actor filed a lawsuit against his former business manager Sam Levin in 2009 claiming he had led him "down a path of financial ruin".Forced to sell comic books
Nicolas once splashed out $276 000 on a 67-million-year-old dinosaur skull, outbidding Leonardo DiCaprio to get his hands on the unique prehistoric artefact.
He also owns a jet, two yachts, three castles, two islands in the Bahamas and several mansions.
The 48-year-old actor - who is currently filming superhero comedy Kick-Ass 2
- had already been forced to sell his extensive comic book collection in 1997 for $1.6m.
The National Treasure
star confessed in 2010: "
Over the course of my career I have paid at least $70m in taxes.
"Unfortunately, due to a recent legal situation, another approximate $14m is owed to the Internal Revenue Service (IRS), 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."