Cristiano
Ronaldo is set to face charges from Spanish prosecutors for an alleged €14.7m
of tax evasion, according to reports.
On
Thursday, prosecutors stated they had until the end of June to decide on
whether or not they should charge the Portugal and Real Madrid forward based on
the results of an investigation by tax officials.
Alleged
irregularities were in relation to money the 32-year-old had in the Virgin
Islands, although officials acknowledged adjustments to this structure in 2014,
where the player paid back an extra €7m in tax.
Reports
suggest that if Ronaldo is found guilty he could face a 15-month prison
sentence, which is unlikely to be served – which is six months lower than
Barcelona star Lionel Messi was handed for his tax issues.
Thank you for sharing your insights. It is very informative and helpful. I might use this as inspiration for my projects. Keep it up! I’m looking forward to your updates.
ReplyDeleteTax Professional