Paul Hogan may or may not have concealed $37.6 million of undeclared income from the authorities by using offshore accounts, but now the Australian government has dropped its case against him, believing that the odds are slim he’d be convicted for the crime. The Crocodile Dundee star was detained in August for the charge after returning to Australia for his 101-year-old mother’s funeral, though he eventually reached an agreement with the Australian IRS that allowed him to return to the U.S., where his family is. Though officials from the Australian Crime Commission have scuttled their five-year investigation into his finances, Hogan will still have to tangle with the Australian Taxation Office, which is demanding millions in back taxes. [ArtsBeat/NYT]
