Nicolas Cage Owes Back Taxes On RI Mansion

Actor Nicolas Cage owes roughly $128,000 in unpaid taxes on a mansion in Rhode Island.

Lynne Dible, finance director for the town of Middletown, says Cage is delinquent on property taxes from the last three quarters.

The Oscar-winning actor sued his former business manager in October for $20 million, claiming the man’s advice led him toward financial ruin. Records show Cage owes millions of dollars in unpaid taxes to the IRS, and the actor says he’s had to sell numerous assets because of his finances.

Cage’s ex-business manager, Samuel J. Levin, has countersued, saying Cage’s lavish spending is to blame.

Cage’s attorney did not immediately return a call seeking comment. The Rhode Island home is on the market for $12 million.

Copyright © 2024 by Associated Press. All Rights Reserved.

This material may not be republished, broadcast, rewritten or redistributed.

Read More

Renée Zellweger & Hugh Grant Returning For New 'Bridget Jones' Movie