Paul Hogan is going to sue the Australia government for loss of income over their failed prosecution for tax evasion

Paul Hogan wants to see heads roll in possible lawsuit against Australian Government | News.com.au

Perhaps he thinks there is a movie in it, just like Billy Connelly made money from "the man who sued God" or Michael Keyton from "the Castle". Strictly local fare.

This idiot really does think he is Crocodile Dundee and hot property, he hasn't learned that the successes of yesterday don't translate into hot property today. I say, Hoges, shut up and sit down

Paul Hogan is going to sue the Australia government for loss of income over their failed prosecution for tax evasion. Now the point is where there is smoke there is fire, you can't consult an international tax adviser with a bad reputation without expecting that someone will follow it up. The government has decided not to proceed, but Hoges isn't satisfied with a no bill, he wants something more.

Paul Hogan wants to see heads roll in possible lawsuit against Australian Government | News.com.au

Perhaps he thinks there is a movie in it, just like Billy Connelly made money from "the man who sued God" or Michael Keyton from "the Castle". Strictly local fare.

This idiot really does think he is Crocodile Dundee and hot property, he hasn't learned that the successes of yesterday don't translate into hot property today. I say, Hoges, shut up and sit down

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Originally Posted by paraclete

... he hasn't learned that the successes of yesterday don't translate into hot property today..

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Apparently you've missed all the musical reunion tours.

The government conducted a witch hunt against him that probably cost him a bundle to defend ,besides the lost opportunities cited. I say he should go for it.

Tom,
I agree!
<seventh sign>

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Originally Posted by tomder55

The government conducted a witch hunt against him that probably cost him a bundle to defend ,besides the lost opportunities cited. I say he should go for it.

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Rubbish. Hogan has been a smart A$$ from the start. Back when he got started there were a lot of tax avoidence schemes being sold to high flyers, many of them involved offshore accounts and various ways of moving money around. Hogan's advisor was one such facilitator and has been charged with money laundering and defrauding the government. Some might think this is guilt by association, but Hogan was less than forthcoming about his affairs to the government. If he hadn't played secret men's business for years, it may not have cost him what it did. I don't doubt that an actor's revenues come from all over the place and are taxed in various countries, but Hogan has been has been moving around so residency is probably a little blurred.

Clete,

You have no evidence to support your claims and neither does the ATO. Hence, the charges were dropped.

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Originally Posted by Skell

Clete,

You have no evidence to support your claims and neither does the ATO. Hence, the charges were dropped.

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Which part of my claims are unsupported? Opportunity? Cash flow? Secretcy? Confusing array of transactions? Residency issues? The adviser being charged?

Was it a witch hunt, doubtful? A fishing expedition, maybe! The rule is follow the cash. Just a situation where an number of people had been introduced to avoidence schemes? Give me a break please? I'm an accountant. Avoidence isn't illegal but evasion is.