The prosecutor also accused Ronaldo of declaring $12.8 million earned from 2011-14 in a tax returns filed in 2014; a time when the prosecutor said Ronaldo's true income during that period was nearly $48 million.
The prosecutor also alleged that the Portuguese falsely reported income as coming from real estate, which it said had greatly reduced his tax rate.
"Real Madrid CF are absolutely convinced that our player, Cristiano Ronaldo, will prove his total innocence in this process". According to the lawsuit, Ronaldo is accused of utilizing a "business structure" in order to hide the income he made from his image rights.
Ronaldo's PR team has always strenuously denied any wrongdoing since Football Leaks claimed in 2016 that he'd avoided paying tax on €150m in image rights earnings.
"Real Madrid CF hopes that the Justice will act as quickly as possible so that its innocence can be demonstrated as soon as possible".
They say that in 2010, Ronaldo set up a company to manage his image rights in the British Virgin Islands but then transferred those rights to a second company in Ireland, exclusively for the objective of creating a "screen" to confuse Spanish tax authorities.
Brexit talks to focus 1st on orderly exit
And just over a month ago, Mr Davis said dealing with the issue of how the talks would unfold would be the " row of the summer ". Barnier and Davis took care in displaying a positive image for the start of the first exit talks in European Union history.
When asked about that investigation, he told a journalist from Radio Television Portuguesa (RTP) "Quien no debe no teme", which roughly translates as "He who has nothing to hide has no fear".
"There is no off shore structure for evading taxes", Gestifute said in a statement.
Gestifute then detailed Tollin's distribution of taxes during Ronaldo's time in England before insisting no altered arrangements were put in place when the Portugal worldwide made a then-world record move to Madrid in 2009.
The world's highest-paid athlete is the latest target of tax authorities who have probed a number of other high profile footballers including FC Barcelona forward Lionel Messi who was sentenced previous year to 21 months in prison for tax evasion.
The world's highest paid athlete, according to Forbes magazine, follows in the steps of FC Barcelona forward and Argentina star Lionel Messi, who was found guilty of the same offence a year ago, although the sum involved was allegedly smaller. The 4-time Ballon d'Or winner's Real Madrid side won the La Liga title and Champions League at the tail end of May, which likely cemented his case for a fifth Ballon d'Or.




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