Paul Hogan Settles Tax Snafu; Comeback Next?

Crocodile Dundee

Get excited: "After eight years, the Australian actor Paul Hogan, best known for his Crocodile Dundee movies, has resolved his dispute with the authorities there, who said he and his former manager, John Cornell, owed $156 million in unpaid taxes and penalties dating to the 1980s heyday of the film series. [...] As the settlement was announced Mr. Hogan’s lawyer, Andrew Robinson, criticized the tax inquiry as a waste of taxpayers’ money, saying it may have cost more than $20 million. He also suggested that Mr. Hogan, who has largely been inactive in recent years, might soon be back with a new project. 'Who knows, now that this monkey is off his back?' Mr. Robinson said." [NYT]



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