Asia-Pacific News

Taxman captures Australia's Crocodile Dundee

Aug 25, 2010, 12:00 GMT

Sydney - Millionaire actor-director Paul Hogan, the former Sydney Harbour Bridge scaffolder behind the 1986 box-office hit Crocodile Dundee, has been stopped from leaving the country by the Australian Taxation Office (ATO), news reports said Wednesday.

Hogan, who was visiting from the US for his mother's funeral, stands accused of using private trusts and offshore havens to avoid tax on 37 million Australian dollars (33 million US dollars) of undeclared income.

The Herald Sun newspaper, which estimated that the ATO could have hit Hogan for at least 15 million Australian dollars, revealed Hogan received a Departure Prohibition Order on Friday preventing him from leaving Australia until any tax debt is paid.

Lawyer Andrew Robinson said his client was upset by the ruling as no tax-related charges have been laid against Hogan.

'He's stunned and very disappointed that the government could treat him as a flight risk,' Robinson told the paper. 'Paul continues to vehemently deny any wrongdoing.'

Crocodile Dundee, which earned 350 million US dollars at the box office, remains Australia's most successful film.

'Come and get me you miserable bastards,' Hogan said last year after the ATO enlisted the help of US tax authorities to get a look at his US bank accounts.

Three years ago Hogan sold his Australian properties and moved permanently to Santa Barbara, California, where he lives with wife and Crocodile Dundee co-star Linda Kozlowski, a US citizen.

In 2006, when the ATO began its investigation, it was reported that tens of millions of dollars in royalty payments from the Crocodile Dundee films were routed through complex offshore tax structures in Chile and the Netherlands Antilles in the Caribbean.



COMMENT

blog comments powered by Disqus

Latest Headlines in Asia-Pacific

Older Talkback

Follow Us

Follow M&C on Pinterest

Search

Custom Search

Also Check Out

Prince William: Queen Elizabeth is a brilliant grandmother

Prince William: Queen Elizabeth is a brilliant grandmother
The young royal admits she has handled the job well and he has always had respect for her. ... more

Alyssa Milano denies dating Justin Theroux

Alyssa Milano denies dating Justin Theroux
'Charmed' actress was not in a relationship with Jennifer Aniston's partner. ... more

Gisele Bundchen expecting second child with Tom Brady?

Gisele Bundchen expecting second child with Tom Brady?
Supermodel and NFL player already have a son. ... more

Cameron Diaz'a zoologist dreams

Cameron Diaza zoologist dreams
Cameron Diaz wanted to be a zoologist when she was younger as she found animals so interesting. ... more

Joshua Jackson buys Diane 45k necklace

Joshua Jackson buys Diane 45k necklace
Joshua Jackson splashed out $45,000 on a necklace for girlfriend Diane Kruger at a dinner and auction in Monte Carlo, Monaco. ... more

P.Diddy's son graduates

P.Diddys son graduates
P.Diddy feels blessed that his oldest son, 18-year-old Justin, has graduated high school although shocked it has come around so quickly. ... more

Jessica Simpson asks best friend to be godmother

Jessica Simpson asks best friend to be godmother
Jessica Simpson has asked best friend CaCee Cobb to be godmother of her baby daughter, Maxwell Drew. ... more

Charlize Theron gets baby help from dogs

Charlize Theron gets baby help from dogs
Charlize Theron's two dogs, Berkley and Blue, are helping her raise baby son Jackson as they are absolutely smitten with the adorable tot. ... more

Jenny McCarthy is stripping for Playboy for all the 'MILFS'

Jenny McCarthy is stripping for Playboy for all the MILFS
Jenny McCarthy insists she is posing naked again for Playboy at the age of 39 to show that older women are sexy. ... more

Brad Pitt's expensive shades

Brad Pitts expensive shades
Brad Pitt wore a pair of aviator-style sunglasses worth $1,250 at the Cannes premiere of his new movie 'Killing Them Softly'. ... more