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Cristiano Ronaldo Agrees To Pay €18.8 Million Fine For Tax Evasion, Avoids Jail

By Lawstreet News Network      Jan 23, 2019      0 Comments      1,103 Views

The 33-year-old Portuguese soccer star Cristiano Ronaldo was fined almost 19 million euros ($21.6 million) for tax fraud on January 22, 2019.

Ronaldo, who played for Real Madrid from 2009-18, agreed to settle the case by paying 18.8 million euro fine and accepting a suspended jail sentence.

Under Spanish law, a first offender can serve anything less than a two-year sentence under probation and Ronaldo will not have to go to prison.

His court appearance lasted about 15 minutes as the player only needed to sign off on the previously settled agreement.

Ronaldo had to enter the courtroom through the front door after his request for special security measures to avoid the spotlight was denied on January 21, 2019.

Earlier in 2017, Ronaldo denied the accusation that he knowingly used a business structure to hide income generated by his image rights in Spain between 2011 and 2014.

After reaching the deal, he paid a fine of 5.7 million euros, plus interest of about 1 million euros, in July 2018, the prosecutor’s office said last week.



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