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Cage Accused Of Tax Fraud
Source: World Entertainment News Network
Posted on: February 20, 2008 09:16 PST
Filed under: Celebs, Gossip

Nicolas Cage

Actor Nicolas Cage has been accused of using his production company to "wrongly write off $3.3 million in personal expenses".

The Face/Off star is fighting an Internal Revenue Service (IRS) payment after allegedly using his Los Angeles-based company, Saturn Productions, to pay for "limos, meals, gifts, travel", reports New York gossip column PageSix.com.

However, a spokesman for the star says the items were "security needs".

Cage has filed a U.S. Tax Court lawsuit disputing $814,000 in taxes and penalties while Saturn is refusing to pay the IRS $988,000.

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