Nicolas Cage Indicted for Tax Fraud by IRS

IRS Files Tax Lien on Nicolas Cage’s Louisiana Property

It looks like actor Nicolas Cage doesn’t understand the sure things in life: death and taxes. Cage has joined a celebrated list of individuals who have forgotten they have to pay taxes to Uncle Sam. Nicolas Cage has been indicted for tax fraud because he neglected to pay his 2007 income tax to the Internal Revenue Service (IRS). Reports have said he owes the IRS over $6,000,000.

Tax Fraud and Celebrity White Collar Criminals

Tax fraud is considered a white collar crime. A white collar crime involves business or financial conspiracies by a respected person, government official, or business person. The Department of Justice, Federal Bureau of Investigation investigates cases of federal white collar crimes.

Louisiana Tax Lien

The IRS has placed a tax lien on Cage’s Louisiana home which had been up for sale. A tax lien is when the IRS stakes a claim on your property in exchange for the tax you owe them.

This isn’t Cage’s first run in with the IRS. In 2008, he improperly filed his personal expenses and paid over $660,000 to the IRS.

Other Celebrity Tax Evaders

Cage isn’t the only Hollywood tax evader. Other stars that have been indicted for bilking the IRS are:

Helio Castroneves, 2008, tax evasion

Wesley Snipes, 2006, false refund claims

Richard Hatch, 2006, failing to report income from the show Survivor

Boris Becker, 2002, tax evasion

Darryl Strawberry, 1994, tax evasion

Pete Rose, 1990, tax evasion

Willie Nelson, 1990, tax evasion

Leona Helmsley, 1989, tax evasion

Nicolas Cage, I’m sure many of these stars will tell you – the IRS will always find you and yes, you will pay your taxes.