#Spanish #Prosecutors #Office #requests #years #prison #treasury #fraud
The Madrid Prosecutor’s Office requests four years and nine months in prison for the technician of the Real Madrid Carlo Ancelotti for allegedly having defrauded Treasury more than one million euros in the fiscal years of 2014 (386,361 euros) and 2015 (675,718 euros).
This is the indictment of the Prosecutor’s Office in the procedure followed by the Court of Instruction number 35 of Madrid, with a view to the future trial for which there is still no date, as reported by the Public ministry.
The Prosecutor’s Office charges the coach of the Real Madrid two crimes against the Public Treasury, since even though Ancelotti stated that he was a resident of Spain and reflected that his address was in Madrid.
But he only recorded in his statements from the income the personal work remuneration received from the Madrid club and omitted the performance corresponding to the exploitation of their image rights that had been transferred to other entities.
In his writing, the Public ministry emphasizes that “in order to avoid taxation on the income from said image rights”, both those received by the Real Madrid like other brands due to various events, the technician went to a “complex” and “confusing” network of trusts and companies filed to channel the collection of image rights.
Detail of the facts
He relates that Ancelotti On July 4, 2013, he signed a contract as coach of the Real Madrid until June 30, 2016, for which he would collect work income and income derived from the transfer of the image rights to the club. The contract ended in May 2015 but Ancelotti continued to live in Madrid until the end of that year.
The Prosecutor’s Office maintains that “in order to avoid taxation on the income from said image rights”, the technician went to a “complex” and “confusing” network of trusts and interposed companies, so that “simulated” the transfer of your image rights to entities “lacking real activity” and exploitation capacity that were domiciled outside of Spain.
For the Prosecutor’s Office, the Madrid coach was pursuing “the opacity in the face of the Spanish Public Treasury and the concealment of beneficial owner of the income from his image rights, so that neither he himself nor any of said companies would have to pay taxes on the large amounts received in Spain or outside our country.”
Ancelotti presented its declarations corresponding to the IRPF but omitting “all performance corresponding to the exploitation of their image rights (…) thus reaching statements with negative installments”, with a negative balance of 39.575 euros in fiscal year 2014 and 529.076 of 2015, amounts that were returned by the Tax Agency in both cases.”
The Prosecutor’s Office specifies that the returns derived from the transfer of image rights represented income of 1,249,590 euros in 2014 and 2,959,768 in 2015.
Furthermore, according to the Public ministrythe technician also omitted in his statements the ownership of two properties abroad.
