Hogan settles seven-year tax battle

Hogan settles seven-year tax battle

'Crocodile Dundee' star Paul Hogan has resolved his seven-year battle with Australian tax authorities over alleged unpaid taxes dating back to his first international hit movie in the 1980s.

Hogan and his friend and producer John Cornell said through their lawyer, Andrew Robinson, that the pair had reached a settlement with tax authorities to resolve more than AUS$150m (€118.25m) in alleged unpaid taxes and penalties.

Tax officials barred the Australian actor from returning to his Los Angeles home for two weeks over the matter in 2010 when he returned to Sydney for his mother's funeral.

Hogan's lawyers eventually secured a deal that allowed him to leave Australia.

The 72-year-old comedic actor became an international star with the 1986 movie 'Crocodile Dundee'

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