Real Madrid star, Ronaldo evades tax of 14.7m euros

Real Madrid star, Cristiano Ronaldo has been accused by Spanish prosecutors for defrauding the authorities of 14.7m euros in tax from 2011 to 2014.

The prosecutor’s office in Madrid says it has filed a lawsuit against the Portuguese player.

Ronaldo had previously said he was not worried about tax investigations as he had nothing to hide.

On this occasion he is accused of knowingly using a “business structure” to hide income made from his image rights.

In December, leaked documents suggested that Ronaldo had avoided tax on income allegedly held in offshore accounts.

He denied the allegations.

When asked about that investigation, he told a journalist from Radio Television Portuguesa (RTP) “Quien no debe no teme”, which roughly translates as “He who has nothing to hide has no fear.”

Ronaldo is the world’s highest-paid sportsperson for the second successive year, according to Forbes’ annual list of the world’s wealthiest people.

He earned $93m (£72.05m) from salary, bonuses and endorsements last year.

Source: ( BBC )

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s