Cristiano Ronaldo pays Spanish authorities £12.1m' to end tax dispute, following claims Spain's high tax rate chased him away from Real Madrid
Superstar footballer, Cristiano Ronaldo has
reportedly paid the Spanish tax man £12.1million to end his tax dispute
after having accepted a two-year suspended prison sentence this week.
According to Spanish radio station Cadena Cope, they
reported this week that he has deposited the £12.1m and will also pay a
further £4.7m in fines and costs. He has also accepted a two-year
prison sentence which he will never have to serve because first offences
for administrative crimes involving terms of two-years or less are not
custodial in Spain.
It was also claimed that Spain's high tax rate was a contributing factor why Cristiano Ronaldo left Real Madrid for Juventus in a £100m deal.
The Spanish radio station also reported that the Portuguese star
plans to put his £4.8m Madrid mansion in the exclusive ‘La Finca’
neighbourhood on the market and is seriously contemplating closing all
his business interests in the Spanish capital.
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