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Tax-dodger Mourinho pays his €2m penalty, but he avoids prison

JOSE Mourinho, the coach sacked by Manchester United earlier this season, has accepted a one-year prison sentence and a €2m fine for defrauding the Spanish Tax Agency in 2011 and 2012.

According to the agreement with Spanish public prosecutors, the football coach created the Koper Services SA company to “financially hide the profits made from his image rights”. Before September 2004, he signed a contract that ceded his image rights to the company, located in the Virgin Islands.

In March 2010, Mourinho was hired to manage Spanish team Real Madrid and moved to Spain’s capital. But in the following two years, the coach “did not declare any income from his image rights”.

This evasion cost the Tax Agency €1.6m in 2011 and almost €1.7million the following year.

Mourinho has been sentenced to six months in prison for each of the crimes, and must pay a 60% fine on the defrauded sums: €966,922.56 in 2011 and €1,015,879.83 in 2012. He must also cover legal costs.

The one-year-prison sentence has been substituted for a €172,800 fine because first-time offenders in Spain, given jail terms of under two years, rarely see the inside of a prison.

The renowned coach joins a long list of stars to be named as tax dodgers by the Spanish Tax Agency.

Two weeks ago, Portuguese legend Cristiano Ronaldo accepted a 23-month jail sentence and a €18.8m fine for tax fraud. And last year, Argentina’s Barçelona superstar Lionel Messi, and his father, received jail sentences and fines for three tax offences.

Popular Colombian singer Shakira is currently accused of evading €14.5m in Spanish taxes.

 

Short URL: http://www.canarianweekly.com/?p=45874

Posted by on Feb 8 2019. Filed under Sport. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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