Carlo Ancelotti, in the crosshairs of the Spanish tax authorities for fraud against the Treasury

Carlo Ancelotti, in the crosshairs of the Spanish tax authorities for fraud against the Treasury

The Italian Carlo Ancelotti, coach of Real Madrid, was at the center of the controversy as they say from Spain that “he is one step away from sitting on the bench for tax offences.”

The newspaper El Mundo pointed out that “The magistrate María Inmaculada Lova has concluded the investigation of the Real Madrid coach and considers him responsible for a fraud against the Public Treasury corresponding to 2014 amounting to 386,361 euros”.

“The magistrate of the Investigating Court number 35 of Madrid underlines in the order by which she concludes the investigation against Ancelotti, to which El Mundo has had exclusive access, that the coach signed for Real Madrid in 2013 and that from From that moment on, he withheld from the Treasury the income he received from his advertising contracts”added the newspaper.

“As a taxpayer, he submitted declarations corresponding to personal income tax in 2014 in which he recorded the personal work remuneration received from Real Madrid, not including any income from the exploitation of his image rights”indicated the Spanish media.

And he stressed: “Neither those derived from its relationship with Real Madrid nor those received as a result of signing contracts related to other brands or companies”.

“What he did state correctly”added El Mundo, was his salary of Real Madrid, which amounted to 5,810,963 euros. In his statement for that year, he asked the Treasury to return the Income and refund 39,575 euros.

Source: Ambito

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