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Nicolas Cage Owes $128,000 In Property Taxes

Wednesday, 06 January 2010 04:32 PM EST

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 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Entertainment
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...
US,People,Nicolas,Cage
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2010-32-06
Wednesday, 06 January 2010 04:32 PM
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