Soccer Star Will Have to Go to Trial for Alleged Tax Evasion

The ongoing tax saga of soccer star Lionel Messi will continue. That news comes after a judge in Spain ruled that the Barcelona FC star would indeed have to stand trial for tax fraud charges in association with his many endorsement deals with foreign companies. The news comes just days after a report stated that Mr. Messi would not have to go to trial, and that only his father would face the courtroom.

Not So Fast

However, the Spanish judge ruled otherwise and said that Mr. Messi and his father should both have to go to trial. Even though his lawyers argued that Mr. Messi did not have any hands-on dealings with his endorsement contracts, the judge ruled that he “couldn’t have ignored” that a large part of his revenue was coming from foreign companies. If he is convicted, the soccer star could receive a sentence for as long as 22 months.

No Jail Time Likely

However, the good news for Mr. Messi is that even if he is found guilty of the charges he will most likely not spend any time behind bars. That’s because sentences for financial crimes shorter than two years are typically suspended according to Spanish law. In addition, Mr. Messi and his father have reportedly either already paid, or have agreed to pay, the missing tax money, plus interest.

Posted in

Tax Tip That Could Save You Big in 2017

Tax Tip That Could Save You Big in 2017 Just about everyone enjoys finding new ways to save on taxes. Even though the tax season is winding down for many, that doesn’t mean you should put taxes completely out of mind. In fact, making important tax decisions right now can pay huge dividends later on…

most expensive places to live in the world

Most Expensive Places to Live in the World

Where are the most expensive places to live in the world? There are a lot of expensive places to call home throughout the world. If you live in the United States perhaps you feel that your home state or city is one of the worst places to reside when it comes to expenses. For example,…

jet craft

Could This Be the Jet Craft of the Future?

Jet Craft of the Future There’s no question that advances in the travel industry have played a huge role in how the business world operates. As technology has developed and moved, especially in the aircraft industry the ability and ease to conduct global business has been greatly enhanced. While aircraft technology continues to move forward…

Powerful Success Tips From Powerful Women

Powerful Success Tips From Powerful Women Recently, two powerful and successful women invited several other women from around the country to participate in a virtual conversation and to unveil what they termed: Yes! Now Is The Time, a virtual reality artwork and discussion. The women shared their thoughts and ideas and discussed how women have…