Crocodile Dundee star Paul Hogan resolves 'unpaid taxes' battle
PAUL Hogan, the star of Crocodile Dundee, 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.
Mr Hogan and his friend and producer John Cornell said on Monday that they had reached a settlement with tax authorities to resolve more than £95 (€116m) million in alleged unpaid taxes and penalties.
A statement issued through their lawyer, Andrew Robinson, said: "they and their related entities have reached a settlement with the commissioner of taxation on a 'without admission' basis.
"The parties have agreed that the terms of the settlement are to be confidential, but as part of the settlement the departure prohibition order issued against Mr Hogan has been revoked by the commissioner."
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.
Mr Hogan's lawyers eventually secured a deal that allowed him to leave Australia.
Mr Hogan, who has always denied any wrongdoing, told The Australian newspaper he was relieved the row was over.
"I am glad it is all behind me now, it will be nice not to have to talk about tax all the time," he said.
The 72-year-old comedic actor became an international star with the 1986 movie Crocodile Dundee.