Cristiano Ronaldo has firmly denied hiding any income from the law or committing any tax fraud in Spain. This comes in the wake of prosecutors filing a lawsuit accusing him of defrauding tax authorities of 14.7 million euros ($16.5 million).
The prosecutor’s office apparently said that the Portugal and Real Madrid talisman had intentionally used a business structure created in 2010 to hide his image rights income in Spain between 2011 and 2014. They allege that Ronaldo had defrauded the tax authorities of 1.4 million euros in 2011, 1.7 million euros in 2012, 3.