Nicolas Cage Owes Back Taxes On RI Mansion

First Published: January 6, 2010 8:39 PM EST Credit: Getty Images

MIDDLETOWN, R.I. -- Nicolas Cage at his ‘Bad Lieutenant - Port of Call New Orleans’ screening at the Toronto International Film Festival on September 15, 2009Caption Nicolas Cage at his ‘Bad Lieutenant - Port of Call New Orleans’ screening at the Toronto International Film Festival on September 15, 2009Actor 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.

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