Spain’s tax authority has rejected Cristiano Ronaldo's offer to regularise his tax situation so the €15 million case will proceed to court.
The Spanish Treasury will pursue its legal complaint against the famous footballer who is accused of tax fraud in the amount of €14.76 million relating to undeclared income from image rights between 2011 and 2014.
Ronaldo proposed a payment of between €4 and €5 million to settle the case but the Real Madrid player’s offer was rejected as being “unsatisfactory” and the amount "insignificant" compared to the €15 million it is after on behalf of Spanish taxpayers.
El Mundo newspaper said there had been a second, ‘blank cheque’ offer, from Ronaldo who faces the prospect of jail. This proposal also was rejected by the Treasury.
In June 2017, it was reported that the footballer was wanted for evading €14.76 million in tax, after he had taken full advantage of a corporate structure created in 2010, one year after being hired by Real Madrid, in order to "hide from the Treasury the revenues generated in Spain" through his image rights.
El Mundo newspaper said there had been a second, ‘blank cheque’ offer, from Ronaldo who faces the prospect of jail. This proposal also was rejected by the Treasury.
In June 2017, it was reported that the footballer was wanted for evading €14.76 million in tax, after he had taken full advantage of a corporate structure created in 2010, one year after being hired by Real Madrid, in order to "hide from the Treasury the revenues generated in Spain" through his image rights.