Tuesday, 14 March 2017

Ronaldo affirmed 20 million euros in Swiss banks

MADRID: Cristiano Ronaldo declared income over $ 225 million in 2015, including euro 20 million held in 22 Swiss bank, reported Spanish newspaper Sunday as Real Madrid star is battling a case of tax evasion.



The Portuguese international earned 203.7 million euros in Spain 23.5 million within the country, according to a copy of the tax return for 2015 by the newspaper El Mundo.

Figures to match the details of the player's salary published on Thursday the player's management company Gestifute, which argue consultation Ronaldo was in compliance with the authority of Spain for tax evasion.
But El Mundo provided a detailed breakdown of his or her fees.

It said 20 million euros Swiss banks - the vast majority, more than 17 million euros, three episodes at Swiss private bank Mirabaud. The rest of the money his country was held in the accounts of 19 regional Swiss bank St Galler Kantonalbank.

The player had to euros 33,452 bank accounts of five of his native Portugal, the newspaper added.

Ronaldo had 14 million euros invested in 19 SICAVs investment fund similar to mutual funds - in Luxembourg, the paper.

The rest of the his foreign Holdings was made up of stocks, bonds and real estate.

Ronaldo investments have been in the spotlight after an Consortium international organizations and the media claimed earlier this month that a major data leak involving 18 million documents showed the player hid million 150 million euros from image rights in the British Virgin Islands.

Spanish tax authorities are investigating these allegations.

Ronaldo, 31, denies wrongdoing and said after Wednesday 2-2 draw with Borussia Dortmund that "he who owes nothing is not afraid".

Financial details released by his management company last week relate only to 2015 and the Spanish tax authorities reportedly focusing on possible irregularities in tax declarations as non-resident between 2011 and 2014.

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