Cristiano Ronaldo being prosecuted for alleged €14 million tax fraud

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.

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.

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