Hogan Embroiled In Tax Evasion Investigation
Crocodile Dundee actor Paul Hogan is being investigated by Australian authorities for possible tax evasion. Hogan, whose film and television appearances were credited with tripling the number of American visitors heading Down Under in the 1980s, is suspected, along with business partner John Cornell, of concealing millions of dollars in royalties in tax havens abroad. Neither Hogan nor Cornell have commented on the allegations, which link them with Switzerland-based accountant PHILIP EGGLISHAW, whose firm specialises in tax haven advice. The pair are believed to have reaped tens of millions of dollars from the Crocodile Dundee movie franchise despite the third film being a flop. According to the Sydney Morning Herald newspaper, three Australian company directors, also clients of Egglishaw, were charged last week (ends21JUL06) as a result of the same investigation, which has targeted celebrities and high-profile businessmen.