Ronaldo's agency, Gestifute, released a statement after the accusations saying that no offshore structure for evading taxes was created and stressing that "it is clear the player did not try to evade taxes".
Cristiano Ronaldo's words yesterday were a bombshell to the football world, the Real Madrid star telling his Portuguese team-mates that his time in Spain was over.
A source close to the player claims the "outraged" Portugal global "feels great indignation" following the public speculation about his tax affairs and a sense of "injustice" at the allegations - which he contests - and he has made a decision to leave the country.
Ronaldo, now with Portugal at the Confederations Cup in Russian Federation, has been angered by €14.7m ($21.6m) tax fraud claims in Spain.
If Morata was to leave Madrid, it would be for a second time after joining Italian giants Juventus for two years in 2014 - where he made 63 appearances scoring 15 times.
The 32-year-old Real Madrid striker, who is in Russian Federation as Portugal prepare for their Confederations Cup opener against Mexico, is said to be "outraged" after prosecutors accused him of defrauding the authorities of 14.7million euros (£12.8million).
The BBC later also reported that an "upset" Ronaldo wanted out of Madrid, citing a source close to the player.
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Ronaldo, 32, signed a new five-year contract last November which means he is contracted to Real until 2021, but has previously stated a desire to return to Manchester United at some point in the future. "At this moment, he wants to leave".
Ronaldo was peaking when he ended his season with Real Madrid, and now is looking to continue his good form with the national team in Russian Federation.
All eyes in Russian Federation and around the world during the tournament will be on Portugal's superstar forward Cristiano Ronaldo, who earned effusive praise from his former Madrid colleague.
"I don't have any fear marking a player who right now is doing big things with his club and, knowing coach Osorio, it won't be only Carlos Salcedo in charge of making that happen, making sure we're successful", Salcedo told ESPN.
KAZAN, Russia (AP) - Cristiano Ronaldo is finally getting an attacking partner he can count on.
In an exclusive interview with SunSport, Calderon revealed: "I remember when I signed Cristiano, he phoned me and said everyone at Manchester United was really happy and kind to him".
Information from ESPN FC's Tom Marshall was used in this report.
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