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2012/04/30

Crocodile Dundee' star Paul Hogan ends tax battle

Crocodile Dundee' star Paul Hogan ends tax battle

Associated Press – 23 mins ago

SYDNEY (AP) — "Crocodile Dundee" star Paul Hogan has resolved his seven-year battle with Australian tax authorities over alleged unpaid taxes dating back to his first international hit movie in the 1980s.
Hogan and his friend and producer John Cornell said through their lawyer, Andrew Robinson, on Monday that the pair had reached a settlement with tax authorities to resolve more than 150 million Australian dollars ($156 million) in alleged unpaid taxes and penalties.
Tax officials barred the Australian actor from returning to his Los Angeles home for two weeks over the matter in 2010 when he returned to Sydney for his mother's funeral. Hogan's lawyers eventually secured a deal that allowed him to leave Australia.
The 72-year-old comedic actor became an international star with the 1986 movie "Crocodile Dundee."
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