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Sergio Ramos Confirms €1 Million Appeal Tax Fine

All Naija Entertainment



Sergio Ramos

Sergio Ramos has confirmed he has appealed a fine imposed by Spain’s tax office over alleged irregularities regarding his image right earnings.

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According to Spanish publication El Mundo, Ramos is the latest player in La Liga to have been investigated by the Spanish tax authorities, and the Spain international has been fined €1 million for paying less tax in his declarations for 2012, 2013 and 2014 by using a shell company based in Spain to transfer his image right earnings.

In a statement on Twitter, the Real Madrid and Spain captain did not reveal the fine imposed, but clarified it was an “administrative fine, not a criminal offence.”

Moreover, Ramos said — having paid the fine — he will appeal, while also declaring he is “fully compliant with his tax obligations with the Spanish tax office.”

Ramos said: “In view of the recent published reports, I want to state: I declare all my earnings in Spain. I have a team of advisors that analyse, manage and resolve all my fiscal issues. I’m fully compliant with my obligations with the tax office.

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“The tax office notified me of a different settlement to the one I declared from 2012-2014 after changing its criteria with respect to previous years, a settlement that I have fully paid.

“It’s an administrative fine, not a criminal offence. Due to my non-conformity regarding the change of criteria from the Spanish tax office, and reiterating that I have paid the fine, I am exercising my right to appeal.”

Many high-profile football players have been investigated and fined for tax fraud in Spain.

Former Real Madrid forward Cristiano Ronaldo, now with Juventus, accepted €18.8m and a 23-month suspended sentence for €14.8m worth of tax fraud, while Barcelona star Lionel Messi received a 21-month sentence and paid back approximately €17m in taxes in his settlement.

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