Cristiano Ronaldo fined €3.2m in tax evasion case

Cristiano Ronaldo fined €3.2m in tax evasion case

Cristiano Ronaldo fined €3.2m in tax evasion case

Juventus forward Cristiano Ronaldo has accepted a two-year suspended jail sentence over tax fraud.

Ronaldo, who is set to make his Juventus debut on the opening day of the season when the Old Lady play against Chievo on Sunday 19 August will have to ensure he pay his taxes in Italy to avoid a serving a jail term.

Ronaldo had already reached a tentative deal with the state prosecutor's office, but Spain's tax authorities had yet to sign off on the agreement. Sentences of up to two years are generally not implemented in Spain for first-time offenders in non-violent crimes.

The captain of the Portugal national team officially admitted the four charges of fraud and agreed to the abovementioned settlement, after initially seeing a £12.9m (R220m) offer rejected by the Spanish authorities previous year.

In 2014, Spanish authorities say he was late in declaring that year just 11.5 million euros of revenue earned in Spain for the period from 2011-14 when his earnings in his country of residence totalled 43 million euros.

His legal team had blamed the affair on a simple different interpretation of which revenue he was obliged to declare in Spain.

The football star will be required to pay the £2.8 million (€3.2 million) fine plus the £5 million (€5.7 million) owed in taxes and £888,000 (€1 million) in accrued interest.

Barcelona's Lionel Messi was handed a 21-month prison sentence in 2017 on similar charges but under Spanish law was able to exchange the penalty for a fine.

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