Nicolas Cage is looking to settle his debts.
"Over the course of my career I have paid at least $70 million in taxes, unfortunately, due to a recent legal situation, another approximate $14 million is owed to the IRS," the star told the mag in a statement. "However, I am under new business management and am happy to say that I am current for 2009, all taxes will be paid including any to be determined state taxes."
As previously reported by AccessHollywood.com, Cage is embroiled in a number of lawsuits, including one filed by Red Curb Investments. The actor recently lost two of his New Orleans homes in foreclosure auctions.
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