Dailymorocco Your door for the daily news of morocco
Related Articles
The Juventus side, Cristiano Ronaldo, will face the Madrid Provincial Audience on Tuesday, January 22, 2019, in connection with Spain’s charges of tax evasion and fraud, reports Friday, Spanish media.
“His request to appear by videoconference was refused. He must appear Tuesday in front of the Provincial Court in northern Madrid, from 9:00 GMT,” say the media, citing a judicial source. The star of world football will be sentenced to two years in prison, he will not have to serve, and the payment of a fine of 18.8 million euros, after being convicted of four counts charges, including tax evasion.
In Spain, sentences of up to two years in prison related to tax evasion are generally not applied to people without a criminal record. This conviction is the result of an agreement between the player’s lawyers and the Spanish tax authorities. If it had not been concluded, Ronaldo could have been fined up to 28 million euros, and a sentence of three and a half years imprisonment he should have served, according to the union experts from the Ministry of Finance.
This agreement closed the legal proceedings against the Portuguese star, for hiding spoils of image rights to the Spanish public treasury between 2011 and 2014 while he played at Real Madrid (2009-18). The Spanish justice had revealed that it also declared 11.5 million euros of revenue over the same period while its real wages amounted to 43 million euros.
The Juventus striker, whom he joined last summer against 100 million euros, was also accused of using a montage of companies based abroad, the British Virgin Islands and Ireland, where the tax rates are very low, to avoid paying taxes in Spain.
