Paul Hogan being probed for tax liabilities
Posted on July 4th, 2008 by Hot Momma
Actor Paul Hogan known for his CROCODILE DUNDEE movies is being investigated by authorities in his native Australia over alleged tax liabilities.
Aussie officials probing the actor have brought in the The Internal Revenue Service (IRS) to help - by ordering three American banks to hand over nine years’ worth of his personal banking records.
Four companies related to the 68-year-old are also under investigation, court documents in Los Angeles reveal.
According to newspaper The Australian, Hogan is fighting the move, accusing the Australian Taxation Office of being on a “long-distance fishing expedition” to unlawfully obtain “irrelevant” information.
Hogan is the most high-profile target of a AUS$300 million ($290 million/£145 million) operation into tax fraud and evasion. It is thought attention turned to Hogan after details of a number of offshore trusts and companies holding AUS$40 million ($38.8 million/£19.4 million) was leaked to the press in 2005.
Hogan though speaking outside his mansion in Santa Barbara California, said: “They should build a statue of me up there at the tax office.”
“Come and get me,” Hogan said with a grin, in an obscenity-laced statement addressed to the Australian Taxation Office.
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What a pity! Celebrities can never feel satisfied with what they earn. They usually rip the government for “saving” their money. Thats mere irresponsibility I must say. After all we all pay taxes.