Compared are the cut PG VHS by CIC Video and the Uncut Version (German Free TV)
There is 1 missing scene with a length of 1 second.
In UK theaters, Paul Hogan's second appearance as Crocodile Dundee was slightly cut. To be more specific, the execution scene lacks one second. This version was also released on VHS by CIC Video. The Paramount DVD, also rated PG, is uncut.
When the crime boss shoots the hostage, the UK VHS cuts to Bob who takes pictures from a further distance. The sound of the shot has been added to that scene. Then the dead hostage on the ground. Two guys are dragging the body away.
Between those scenes, there is actually a shot that shows the hostage hitting the ground after getting shot in the head.