Thursday, December 8, 2016

Gestifute publishes further evidence of 'Ronaldo tax compliance'

The company run by the Portuguese's agent has
published what it claims to be further evidence of
the superstar's complete tax compliance
Gestifute, the company that represents Cristiano
Ronaldo, has published further proof of what it
claims is confirmation the Real Madrid superstar
has paid all due taxes.
Mkhi delivers again for United
The Portuguese has been the subject of
allegations made in several European media
outlets that he avoided paying taxes through
structures set up by Gestifute, the company
founded by his agent, Jorge Mendes.
Those claims are part of the so-called ' Football
Leaks', which will see 12 European newspapers
publish the findings of what is described as "the
largest leak in the history of sport" over the next
three weeks.
Gestifute issued a swift denial of the
allegations last week, insisting that Ronaldo is
"fully compliant with tax obligations", and they
threatened legal action against any party who
insinuated an offence on the part of either the
Portugal captain or his agent's company.
After the Spanish state secretary of the treasury,
Jose Enrique Fernandez de Moya, was quoted as
saying that the body would take "inspections we
consider appropriate" on Saturday, Gestifute
released a further statement, in which they
insisted that Ronaldo has always operated within
tax rules.
Late on Thursday, Gestifute released another
statement, attached to which was documentation
that appeared to be official confirmation that on 30
March 2016, Ronaldo had declared assets and
rights abroad to the total of more than €203million.
"Cristiano Ronaldo communicated to the Spanish
Tax Agency on 30 March all the information about
his assets, as can be shown in the attached
documentation," the statement read.
"This procedure is known as presentation of the
model 720, and offers to the Spanish Tax Agency
all the data regarding the assets of the player.
"This document confirms that Finance has
knowledge of all assets and revenues of Cristiano
Ronaldo. The player will not make further
statements on the subject.
"As reported in recent days, the player is aware of
his tax obligations from the beginning of his
professional career in any of the countries in
which he has resided, and is not and has never
been involved in any problem with the tax
authorities of any country.
"This communication, which was not required by
law, constitutes irrefutable proof that Cristiano
Ronaldo and his representatives are in good faith
and cooperate with the authorities in a spirit of
transparency and compliance with legalit

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