Hogan to seek compensation for tax case?

Paul Hogan could seek compensation after tax evasion charges against him were dropped.

The Australia Crime Commission announced yesterday that they would be cancelling their investigation into Hogan and his business partner John Cornell due to "insufficient prospects of securing convictions".

Hogan's lawyer Andrew Robinson has now told AAP: "This has generated more than a million press articles here and overseas.

"It's been front page in Ecuador, Romania, Ireland, all sorts of extraordinary places, and the difficulty is that when these reports were made they tended to refer to [Hogan and Cornell] as the Australian tax cheats. That's the trashing of a reputation that is going to be hard to get back.

"Paul's initial reaction is that he wants to talk to people about what they are going to do about the millions of dollars he spent defending his name.

"Given these proceedings were dropped in the way they were, I think he will be instructing us about the possibility of making some submission in regard to compensation."