Tag: tax evasion
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BREAKING: Cristiano Ronaldo fined €3.2m, 24 months in prison over tax evasion
Cristiano Ronaldo will be fined 3.2 million Euros (3.7 million dollars) and sentenced to 24 months in prison, a sentence he is unlikely to serve, after settling a tax evasion case with Spanish tax authorities, the prosecutor said on Friday. The 33-year-old is accused of evading 5.7 million euros in taxes. He has denied the…
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Adeosun talks tough; tells World Bank, IMF, others to label tax evasion by Multinationals as foreign corrupt practices
The Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. She made the call at the Platform for Collaboration on Tax (PCT) Conference in New York, which rounded up over the weekend. The PCT is an initiative…
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‘I never had intention of evading tax,’ Ronaldo tells court
Real Madrid forward Cristiano Ronaldo has denied hiding millions of euros in income at a court hearing near the Spanish capital on Monday where he was charged with tax evasion. The Portuguese — the world’s highest paid sportsman according to Forbes magazine — follows in the footsteps of his arch-rival, Barcelona forward Lionel Messi, who…
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Rapper DMX detained, charged with evading $1.7mn in taxes
The popular pop star supposedly engaged in a multi-year order to hide millions of dollars in income from establishments and owes $1.7 million in taxes. According to acting Manhattan US Attorney Joon Kim, the performer took in millions from his performances, television shows and songs — including the 2003 hit “X Gon’ Give it…