Real Madrid star Cristiano could face five year prison sentence for tax fraud

Reports broke across Wednesday and Thursday that around 8 to 15 million euros was not declared to authorities with GESTHA believing each of the three years in question could amount to a criminal tax offence as the allegedly defrauded amounts exceed 600,000 euros.

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In a statement, officials suggest that a prison sentence of two to six years could be applied to each crime and estimate that a total sentence of five years may be handed down.

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However, GESTHA also recognise several potential mitigating factors such as Ronaldo recognising the crime and paying back the full amount to incur a reduced prison term of around 15 months, while also calling for his tax advisors to be investigated.

The statement also denounced the so-called Beckham Law that allowed people who signed a contract before 2009, such as Ronaldo, to be taxed at a lower rate although that was allegedly still not satisfied.

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