Here’s what your 5 favourite celeb couple’s fantasy babies will look like! You have to see this!

Orlando Bloom swings a punch at Justin Bieber at a restaurant in Ibiza and the crowd goes wild!

Nicolas Cage settles $6m debt

2012-04-05 13:42
 
Los Angeles - Nicolas Cage has settled $6m of his tax debt.

The Ghost Rider: Spirit of Vengeance actor has cleared almost half of the $13.3m debt he owes for taxes in 2002 to 2004 and 2007 after he paid off $6 257 005.

Nicolas has blamed his former business manager Sam Levin for his problems, though he has countered this, claiming actor was overspending.

In 2010 he said: "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.

'Will be paid'

"All taxes will be paid including any to be determined state taxes."

The 48-year-old actor's spending is legendary, and Sam has claimed that by 2008 the star owned: "15 palatial homes around the world, four yachts, a Gulfstream jet and millions of dollars in jewelry and art."

Nicolas was forced to sell off many of his assets, including properties in California, Las Vegas and New Orleans as well as a British castle, yachts and a 67-million-year-old dinosaur skull worth $276 000.

- BangShowBiz

Read more on:    nicolas cage  |  celebrities
NEXT ON CHANNEL24X

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Recent Gossip

Loyiso Bala decided to generously let his fans into his life via Twitter. Read More »

Drew Barrymore’s half sister, Jessica Barrymore, has been found dead in her car after a suspected suicide. Read More »

inside channel 24

There are new stories on the homepage. Click here to see them.