Friday, 15 June 2018



Cristiano Ronaldo To Serve 2 Years In Prison


A court in Spain has found Real Madrid star, Cristiano Ronaldo guilty of evading tax in the country. 

Ronaldo
 
Real Madrid forward Cristiano Ronaldo has reached a deal with Spanish tax authorities to serve two years in prison and pay an 18.8 million euro ($21.8 million) fine in a tax evasion case, newspaper El Mundo reported on Friday.
 
Ronaldo is unlikely to serve any time in jail under the deal because Spanish law states that a sentence of under two years for a first offence can be served on probation.
 
The 33-year-old Portuguese footballer is accused of evading 14.7 million euros in taxes and, through his agents, has denied the allegations. Ronaldo is due to play for Portugal on Friday in a World Cup match against Spain.
 
Gestifute, the agency representing the player, was not immediately available to comment on the report on Friday. The Spanish tax agency also declined to comment.
 
Spanish courts have recently cracked down on tax evasion among leading footballers.
 
Barcelona’s Lionel Messi was handed a 21-month prison sentence in 2017 on similar charges but under Spanish law was able to exchange the penalty for a fine.
 
Between 2005 and 2010, foreign players in Spain were protected under the so-called “Beckham law”allowing them to curb their taxes. But as the financial crisis bit deeper, that exemption was lifted, paving the way for the cases.
 
-Reuters


Are You On youtube? subscribe to our Latest Updates - @tonygists
Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists1

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2019 Tonygists | Portions are © 2019 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

AD 728 x 90size