Cristiano Ronaldo’s tax evasion case is close to being settled for once and for all according to the latest update.
Published By: Dalipinder Singh Sandhu (Bliss)
In June 2017, Cristiano Ronaldo was accused of tax evasion by the Spanish tax authorities who claimed the Portuguese evaded 14.8 million euros from the income of his image rights.
The latest reports from Spanish news outlet El Confidencial, claim that Cristiano Ronaldo’s lawyers are close to a settlement with the tax authorities.
As per the reports of Friday, the Real Madrid’s showbiz footballer will pledge guilty in 4 cases and will pay the fine of 18 – 20 million euros to the Agencia Estatal de Administración Tributaria (AEAT).
The 33-year-old will avoid jail time as he would pay the fine and is a first time offender. As the crime is non-violent and the custodial sentence is of under 2 years, it is most likely to be suspended.
The AEAT is said to have finally agreed to a more lenient punishment than it had initially sought after accepting the player’s explanation of how he pays tax on earnings from image rights in his Real Madrid contract.
The matter is more likely to be put to rest after the FIFA World Cup 2018 Russia is over.
However, the 5-time Ballon d’Or winner was willing to settle the matter before leaving for Russia but it is not possible due to the legal obligations of the Spanish Treasury, which requires the deal to be rubber-stamped. Further delay in the case is also anticipated due to the change of government in Spain after the successful no-confidence motion movement of Socialist Party which ended the term of the Prime Minister Mariano Rajoy.
Cristiano Ronaldo now heads to Russia for the FIFA World Cup 2018 where he will captain his national side as Portugal kicks off its campaign against Spain on 15th June 2018 at 7:00 PM CET.
The FIFA World Cup 2018 Russia will be commenced on 14th June 2018 at 2:00 PM CET.
All the matches of the competition will be telecasted live all over the world via the official broadcasting partners of FIFA.