Carlo Ancelotti, the manager of UK Premier League football club Everton, has been accused of withholding €1m in tax from the Spanish authorities. According to a report by the BBC, the Madrid Community Prosecutor's office has filed a claim that Ancelotti was "intending to avoid his tax duties towards the public treasury with no justification." The BBC said the charge of €1m relates to tax due on the manager's image rights earnings during his tenure as manager of Real Madrid in 2014-15. ...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
