Paul Hogan has lost his bid in the United States to prevent Australian and US tax officials examining his American bank accounts.

US District Court Judge George King, in announcing his decision, described Hogan's lawyers' arguments for keeping the accounts off limits to tax investigators as "meritless" and "misplaced".

The Australian actor's three US banks must produce his "books, records, papers and other data" within 30 days.

Hogan's US legal team had asked Judge King to quash summonses issued by America's Internal Revenue Service, on the behalf of Australian tax officials, to probe his US bank accounts.

"Motion to quash is denied, and the government's motion for an order enforcing the summonses is granted," Judge King wrote in his decision.

It is the latest blow for the Crocodile Dundee star in his battle with Australian tax investigators.

In Australia last week, a federal court judge also ruled against Hogan's attempt to keep documents secret that detail his use of offshore trusts and multi-million-dollar transactions.

In the US case, American prosecutors said Hogan's legal arguments were "unsupported by case authority and without merit" and Judge King agreed.

"Petitioner's argument that the summonses are improper due to potential criminal proceedings in Australia is misplaced," Judge King wrote.

"... The argument that the summonses are contrary to public policy ... is similarly rejected as meritless."

US tax investigators agreed to assist their Australian counterparts to probe the 68-year-old comedian's financial dealings.

Hogan claims he is being unfairly targeted by Australian tax officials and has vowed in numerous interviews with the media to fight the investigation.