13 Jun, 2017 @ 12:49
1 min read

Cristiano Ronaldo being prosecuted for alleged €14 million tax fraud

Cristiano Ronaldo e

CRISTIANO Ronaldo is being prosecuted for allegedly defrauding Spanish authorities of €14.7 million between 2011 and 2014.

Spain’s prosecutor’s office said in a statement that the Real Madrid forward had knowingly used a ‘business structure’, set up in 2010, to hide his income from the sale of image rights.

According to the statement, it involved a ‘voluntary’ failure to comply with his tax obligations in Spain.

Real Madrid and the Portugese national’s management agency have so far declined to comment.

Prosecutors allege that Ronaldo, 32, defrauded the tax authorities of €1.4m in 2011, €1.7m in 2012, €3.2m in 2013 and €8.5m in 2014.

The father of one became a Spanish tax resident in January 2010 and in November 2011 opted to follow the Spanish tax regime that applies to foreigners working in Spain.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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