Ronaldo fined $4.1m for tax fraud

AFP
January 24,2019

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MADRID: Juventus star Cristiano Ronaldo avoided jail on Tuesday but was ordered by a Spanish court to pay 3.57 million euros ($4.1 million) for committing tax fraud when at Real Madrid, part of a broader 18.8-million-euro payout.

Sporting sunglasses and a smile, accompanied by his girlfriend Georgina Rodriguez, Ronaldo arrived at the court in northeastern Madrid for a brief hearing.

He was handed a two-year jail sentence immediately reduced to a fine of 365,000 euros and another penalty of 3.2 million euros, according to the sentence.

Accused of having avoided paying 5.7 million euros in taxes due on his image rights between 2011 and 2014, Ronaldo has already paid the taxman 6.7 million euros for what he owed plus interest, the sentence read.That — plus the court fine — comes to more than 10 million euros.


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