Aussie taxman closes in on Crocodile Dundee
Financial advisor fights to keep advice secret
Crocodile Dundee star Paul Hogan’s long running battle with the Australian
taxman has stalled as a financial adviser at the centre of the case fights to
keep details from the taxation office.
The Australian Taxation Office has hit a roadblock, after Hogan’s accountant
Tony Stewart said he wanted to use his accountants concession to avoid revealing
advice given to Hogan and film producer, John Cornell, Melbourne’s The
Age newspaper reports.
The ATO argue that the concession does not apply because the information is
sought as part of an Australian Crime Commission investigation.
So far the investigation has forced Big Four firm Ernst & Young’s
Australian branch to hand over details.
The matter is now being argued in court.
Read the full story:
financial adviser tries to claim accountant’s privilege