'Crocodile Dundee' star Paul Hogan ends tax battle (only $156 million)

Yahoo ^ | 5/01/12

[Libloather]

'Crocodile Dundee' star Paul Hogan ends tax battle
Associated Press – Tue, May 1, 2012

SYDNEY (AP) — "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, on Monday that the pair had reached a settlement with tax authorities to resolve more than 150 million Australian dollars ($156 million) in alleged unpaid taxes and penalties.

[Libloather]

Fees suck.

[OrangeHoof]

“That’s not a knife!”

[BRL]

Even the mob won’t strip you that clean.

[hosepipe]

B’Day......

[goseminoles]

Who the hell owes 156 mil in taxes? This is crazy talk. He could rebound the economy of a third world nation with this type of cash. Gov’t is money stealers.

[GrandJediMasterYoda]

The rich must pay their fair share.

[GrandJediMasterYoda]

LMAO!!!!

[Jonty30]

The best I could find out was that Paul Hogan is worth between $10 and $20 million.

So it’s not from him the Australian tax authorities will be getting it from. It’s possible the courts ordered the profits from Crocodile Dundee get tied up until it’s settled, so possibly there.

[big'ol_freeper]

RE: “That’s not a knife!”

and “That’s no Sheila!”

[JohnBovenmyer]

>Who the hell owes 156 mil in taxes?

Warren "My taxes are too low" Buffett owes $1B, but has been fighting it in court without media coverage.

[JohnBovenmyer]

>Who the hell owes 156 mil in taxes?

Warren "My taxes are too low" Buffett owes $1B, but has been fighting it in court without media coverage.

[elkfersupper]

I learned a long time ago that you can't fight them once you attract their attention.

They have unlimited resources and will battle with you and your heirs into future generations.

[GeronL]

How much did he make to owe $156 million?? $157 million?

[Jack Hydrazine]

Aussie dollars are worth more than American dollars?

[dynachrome]

Look for a Crocodile Dundee sequel or two to pay for the tax hit.

[trapped_in_LA]

“Aussie dollars are worth more than American dollars?”

It’s the wonders of unrestrained money printing by the federal reserve. 3 years ago it was about 60 Australian cents to the US dollar now they have a slight edge. Of course the only one talking about this is that “nut case” Ron Paul, but hey I’m sure the true conservatives in the GOP will get around to doing something about this ... or not.

[Jack Hydrazine]

Even the Canadian dollar is worth more than the US dollar!

[Viking2002]

Has the guy even worked since he made those Subaru Outback commercials?

"As democracy is perfected, the office represents, more and more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day the plain folks of the land will reach their hearts desire at last, and the White House will be adorned by a downright moron."

--H.L. Mencken, The Baltimore Evening Sun, July 26, 1920

[Mr. Peabody]

He still has Linda Kozlowski.

[trapped_in_LA]

“Even the Canadian dollar is worth more than the US dollar!”

Yep, we’ve been sold down the river by both the RATs and the GOP in favor of their banker buddies. This is THE MOST important issue of the day and no one want to talk about it.

[DJlaysitup]

He still has Linda Kozlowski.

Loved the scene where she says: "That Crock would have eaten me alive"

and Dundee comes back with: "Well I wouldn't hold that against him...same thought crossed my mind once or twice".

[LRoggy]

>Who the hell owes 156 mil in taxes?
Warren “My taxes are too low” Buffett owes $1B, but has been fighting it in court without media coverage.

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On Free Republic we are supposed to be more fact oriented than the left’s sites. It’s Berkshire Hathaway that is in the tax dispute, not Buffett personally.

[RedMDer]

FReepers who believe in and support our pro-life, pro-family, pro-limited government conservative causes, enjoy reading and participating on FR, think it's a worthwhile endeavor and would like to help us keep it going. Please click the link. The Republic you save may be your own.

FReepers who believe in and support our pro-life, pro-family, pro-limited government conservative causes, enjoy reading and participating on FR, think it's a worthwhile endeavor and would like to help us keep it going. Please click the link. The Republic you save may be your own.

---

FReepers who believe in and support our pro-life, pro-family, pro-limited government conservative causes, enjoy reading and participating on FR, think it's a worthwhile endeavor and would like to help us keep it going.
Please click the link.
The Republic you save may be your own.

[JohnBovenmyer]

I concede your technicality, although I think my phrasing would have met Andrew Breitbart's approval. Berkshire Hathaway's President, CEO, Chairman and celebrity public face has been very loose with his technicalities publicly and deserves to be slapped down for his hypocrisy. And, if Wiki is to be believed, he owned 32.4% of the voting power of B-H and 23.3% of its economic value as of July 2010; his personal share of that $1B dispute is about 50% greater than Hogan's dispute. So he is personally a legit answer to the rhetorical question, "Who the hell owes 156 mil in taxes?"

[Stanwood_Dave]

Did you guy's catch "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."

Just happened to be in SYDNEY, Australia, (doing part of my bucket list, after a Widow Maker Heart Attack) when this happened (preventing him from leaving Australia) was on all the local SYDNEY news. Gee, maybe the United States could do the same to tax cheat Tim Geithner, oh wait, never mind he's the boss, I forgot.

[FreeAtlanta]

Oh, Paul Hogan. Very funny movies.

I loved after he flirts with Barak Obama and his friends tell him, that's not a Sheila. Boy was Barack ticked.