The Australian Crime Commission announced last week that actor Paul Hogan (star of Crocodile Dundee) has been cleared of tax evasion charges. The ACC stated,
On the material presently available to the ACC, including documents recently obtained as a result of overseas inquiries, the ACC has concluded that there are insufficient prospects of securing convictions to justify continuing with its investigation this time.
Mr. Hogan still faces a civil case by the Australian Tax Office. The ATO alleges that Mr. Hogan owes income tax on $40 million (AUD) of income that wasn’t on his tax returns.
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