Spanish state prosecutor accuses Cristiano Ronaldo of tax fraud

Spanish state prosecutor accuses Cristiano Ronaldo of tax fraud

A Spanish prosecutor has accused Real Madrid striker Cristiano Ronaldo to defraud the Spanish tax office of € 14.7 million ($ 16.5 million) in unpaid taxes Tuesday.
In a statement, the regional prosecutor accused Ronaldo of Madrid has four accounts of tax fraud from 2011 to 14.

He said in front of Portugal “took advantage of a commercial structure created in 2010 to hide the tax authorities in Spain generate image rights.”
The statement said that Ronaldo has used what the prosecutor considers a ghost company in the Virgin Islands “to create a screen to hide his total ISR office in Spain.”

The prosecutor also said that Ronaldo “intentionally” did not report revenues of 28.4 million euros ($ 31.8 million) for the sale of image rights from 20 to 2015 for another company located in Spain.

In addition, the prosecutor accused Ronaldo declared 11.5 million euros (12.8 million) obtained from 2011-14 on a tax return filed in 2014, when the prosecutor said

Ronaldo’s real income during this period was almost 43 million euros (48 million dollars). He added that Ronaldo has falsely charged real estate income, which has “significantly” lowered his tax rate.

It will now be until a judge decides whether it is necessary to bring the case to court.
Ronaldo Gestifute’s agency had previously said he was up to date on his taxes, and still defended Tuesday saying he had maintained the same financial planning in Spain that he was playing for Manchester United before joining Madrid in 2009.

“There is no offshore structure to evade taxes,” Gestifute said in a statement. “There has never been or concealed any intention to conceal.”

Last month, tax officials reported that Ronaldo had adjusted its tax returns and another € 6 million ($ 6.7 million) in 2014.

A golden ball four times, Ronaldo, 32, is the best football player in Europe. It took Madrid consecutive titles in the Champions League and Spanish league in its first five seasons and helped Portugal to win the European Championship last year.

He is also the last soccer player up to watch the Spanish tax man.
Last year, Barcelona striker Lionel Messi and his father Jorge Horacio Messi were found guilty on three counts of fiscal tax offense of € 4.1 million ($ 4.6 million) Image rights and 21 months imprisonment.

Neither Messi, however, should not serve in jail because it was the first offense.
On Tuesday, the state attorney cited the verdict against Messi as a precedent for the case against Ronaldo.

Messi and his father were first indicted by a tax evaders prosecutor in June 2013. His case was settled against them in July 2016.

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