Spanish prosecutors have accused the Real Madrid footballer Cristiano Ronaldo of defrauding the authorities of €14.8m (£12.9m) in unpaid taxes between 2011 and 2014.
Madrid’s regional state prosecutor alleged that the player used what it deemed to be a shell company in the Virgin Islands to “create a screen in order to hide his total income from Spain’s tax office”.
It said Ronaldo “intentionally” did not declare income of €28.4m (£25m) related to image rights, and declared €11.5m of earnings from 2011-14 when his real income was almost €43m.
The prosecutor also alleged that the Portuguese falsely reported income as coming from real estate, which it said had greatly reduced his tax rate.
Ronaldo’s agents, GestiFute, had previously maintained he was up to date on his taxes. In a statement on Tuesday GestiFute said: “There is no offshore structure for evading taxes … [Cristiano Ronaldo has never] had a tax problem, contrary to what the Spanish prosecutors insinuate. All contractual modifications … have been made to guarantee that the incomes [Ronaldo derives] fully observe Spanish tax regulations.” 
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://postcourier.com.pg/cristiano-ronaldo-accused-e14-8m-tax-fraud-spain/
Congratulations @knowledgstuff! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Thank You! ⚜
Interesting thoughts
Congratulations @knowledgstuff! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!