Nicolas Cage pledges to pay back taxes

Nicolas Cage has reportedly agreed to pay the IRS all the funds he owes in back taxes.

The Oscar winner faces $6.3m (£3.9m) in unpaid taxes, according to reports. He is currently suing his ex-manager and recently sold two historic New Orleans homes in a foreclosure auction.

People says that Cage also owes another $14m (£8.5m).

"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," he said.

Cage will next be seen as Damon Macready in Kick-Ass.

/Digital Spy/