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.
Lee Richter: The Power of PR
So I was born raised in Texas, but made my way over to the farm maybe 2004 when I started undergrad at Stanford…
Foreign Bank Accounts And Gifts To The Federal Government
Today we talk about common problems people run in…
Office Habits That Could Be Burning You Out
Are you aware that there are office habits that could be burning you out? Whether one works at a small start-up or a multinational company, hardly anyone is exempt from stress. While feeling tired is normal, it’s important to know when you’re starting to burn out. It’s the point where you lose the interest and…