Real Madrid’s Cristiano Ronaldo accused of $16.4m tax evasion

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Real Madrid’s Cristiano Ronaldo accused of $16.4m tax evasion

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Real Madrid and Portugal star Cristiano Ronaldo has been accused by prosecutors in Spain of defrauding Spanish authorities of $16.4 million in tax between 2011 and 2014.In a statement, the prosecutor’s office said Ronaldo, a four-time Ballon d’Or winner, had used a “business structure” — created in 2010 — to hide the revenue generated by his image rights from the Spanish treasury, describing the breach as “voluntary” and “conscious.”The 32-year-old – the world’s fifth highest paid celebrity according to Forbes — has been charged with four crimes against the public treasury.CNN Sport has contacted Gestifute, the agency representing the Portugal captain, for comment and also Real Madrid. Source: CNN

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