Crocodile Dundee actor ready to confront Oz taxman

Paul Hogan of Crocodile Dundee fame is prepared to confront the Australian Tax Office in court

Written by AccountancyAge.com

Australian actor Paul Hogan of Crocodile Dundee fame is prepared to fight the Australian Tax Office (ATO) in court if need be over allegations he ows tens of millions in royalties from the Crocodile Dundee films.

ATO is seeking the help of USA’s Internal Revenue Service to uncover Hogan’s taxable income on the royalties. The 1986 Crocodile Dundee film is the highest grossing film in Australia’s movie history, Melbourne paper The Age reports.

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Hogan told the Australian 60 Minutes TV program last Sunday, he was prepared to fight ‘tooth and nail’ against ATO in court.

Asked if he had paid all his taxes, he said: ‘Yeah, totally. More than I should have.'

Further reading:

Crocodile Dundee actor challenges Oz taxman

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