HAS Nicolas Cage been reading the Wesley Snipes handbook on taxes?
The actor used his LA-based company, Saturn Productions, "to wrongly write off $3.3 million in personal expenses," and is now fighting the IRS on payment, Forbes.com reports. Cage's business manager called the extravagancies - which reportedly included "limos, meals, gifts, travel" and his Gulfstream jet - "security needs." Cage has filed a US Tax Court lawsuit disputing $814,000 in taxes and penalties while Saturn is refusing to pay the IRS $988,000.
IRS will buste his ass all the way this round,hopefully we'll get a mugshot out of this to our celebrity mugshot collection.
The actor used his LA-based company, Saturn Productions, "to wrongly write off $3.3 million in personal expenses," and is now fighting the IRS on payment, Forbes.com reports. Cage's business manager called the extravagancies - which reportedly included "limos, meals, gifts, travel" and his Gulfstream jet - "security needs." Cage has filed a US Tax Court lawsuit disputing $814,000 in taxes and penalties while Saturn is refusing to pay the IRS $988,000.
IRS will buste his ass all the way this round,hopefully we'll get a mugshot out of this to our celebrity mugshot collection.
