Edition 1492
15 September 2018
Edition: 1492

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Ronaldo settles to pay €18m to Spain’s tax authority

by TPN/Lusa, in Sport · 21-06-2018 14:12:00 · 0 Comments

Portuguese footballer Cristiano Ronaldo has agreed to pay €18.8 million to the Spanish tax authorities to settle the case filed against him for alleged tax evasion.

Ronaldo settles to pay €18m to Spain’s tax authority

According to the same sources, the agreement was signed by the lawyers of Cristiano Ronaldo and representatives of the tax administration, but will still have to be approved by the Spanish Treasury, in a case in which the Portuguese could have faced up to two years in prison.
Ronaldo is accused of having “consciously” created companies in Ireland and the British Virgin Islands to defraud the Spanish treasury of €14,768,897, committing four crimes against the coffers of the Spanish state between 2011 and 2014.
In a hearing in court on 31 July last year in Pozuelo de Alarcón, Ronaldo said that he “never” concealed income nor had “any intention of evading taxes.”
The Portuguese stressed that the tax authorities knew of all his income because he never hid “anything, nor had the intention to evade taxes.”

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Edition 1492
15 September 2018
Edition: 1492

Read this week's issue online exactly as it appears in print.

Twitter

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