Tax Problem For Cristiano Ronaldo

2024 Author: Steven Freeman | [email protected]. Last modified: 2023-12-17 08:15

Cristiano Ronaldo has been singled out by the Spanish Tax Agency for tax fraud of around 15 million euros -an amount much higher than the 8 million euros initially considered- that the soccer player would have stopped paying between 2011 and 2014 for his rights image, according to the agency Europa Press.

Given this, the Treasury has sent the Ronaldo file to the Madrid Prosecutor's Office. The Economic Crimes Unit will have to determine if there are sufficient elements to carry out any action of a criminal legal nature or if the report would result in an administrative offense.

If it is shown that the Real Madrid striker evaded paying all his taxes, he could have a prison sentence ranging from 15 months to five years. If it is only an administrative fault, you would be required to pay the undeclared amount plus interest and corresponding penalties.

In 2014, the footballer wanted to regularize his tax situation and paid just over $ 6 million, in addition to contributing all his contracts to the corresponding authorities. However, he should also have paid for his fortune abroad, which is estimated at $ 170 million he has in the Virgin Islands, as a result of his advertising revenue.

The process has been given speed because the Treasury has until June 30 to file any legal recourse and avoid possible deviations for the 2011 fiscal year from expiring. According to Spanish media, since 2015 the soccer star has contributed to the Tax Agency all contracts that justify your income.

If the Madrid Prosecutor's Office files a criminal action for tax fraud, Cristiano Ronaldo would face a process similar to that of his colleague Leo Messi, who on Wednesday received a 21-month prison sentence for the same crime.