Friday, April 06, 2018

Cristiano Ronaldo's Tax Penalty to Be Lowered If He Accepts Prison - Report

The Spanish Tax Agency are considering withdrawing one of the four fiscal crimes of which Cristiano Ronaldo is accused if he pleads guilty and accepts various sanctions, according to El Mundo.

The Treasury are reportedly exploring the option of withdrawing one of the accused crimes and halving the fine for the alleged frauds on the taxation of his image rights, if the Real Madrid star pleads guilty.

Ronaldo, 33, would also have to accept a minor prison sentence and pay a fee of around €10 million for that to happen, the newspaper claims.

One possible scenario, the report claims, is that the case would close if Ronaldo accepts three tax crimes and a fraudulent amount of around €6.25m.

The Portugal superstar would have to pay that amount together with a fine that would leave the total close to €10m.

On the other hand, according to El Mundo, the administrative agreement could put forward that Ronaldo pays €20m more - a worst-case scenario that would see him having to part with around €30m.

And should both parties fail to reach an agreement, there would subsequently be a trial.

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