Crocodile Dundee - Paul Hogan Resolves Lengthy Australian Tax Issues
Crocodile Dundee star Paul Hogan has settled his longrunning tax battle with Australian authorities.
The actor's finances have been under investigation by tax officials Down Under for several years over allegations he owed $156 million (£97.5 million) in unpaid bills.
A criminal inquiry into his financial dealings was dropped in 2010, but a probe by the Australian Tax Office (Ato) was still ongoing.
However, on Monday (30Apr12), Hogan's lawyer Andrew Robinson confirmed he has resolved the issue with officials and agreed a confidential settlement to end the dispute.