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Spanish court sentences Carlo Ancelotti to one-year prison term for tax fraud
SPAIN, JUL 9 – Ancelotti was fined €386,000 and will likely avoid jail due to Spanish law for first-time non-violent offenders, despite being convicted of evading taxes on image rights.
- A Madrid court sentenced Brazil coach Carlo Ancelotti to one year in prison and a €386,361 fine for 2014 image rights tax fraud, with no jail time expected.
- Prosecutors allege Ancelotti omitted income from image rights in his 2014 Spanish tax return, leading to a conviction for failing to declare over €386,000.
- Evidence shows Ancelotti was convicted of failing to declare €386,362 in 2014, using shell companies to hide income from image rights, according to Madrid court records.
- Under Spanish law, Ancelotti's one-year sentence is suspended, so he won't serve jail time but is barred from public aid and benefits for three years.
- Ancelotti’s conviction adds to Spain’s ongoing crackdown on high-profile football figures involved in tax evasion, including Messi and Ronaldo, highlighting increased enforcement trends.
83 Articles
83 Articles
The coach of the Brazilian National Team, Carlo Ancelotti, was sentenced this Wednesday to one year in prison for a crime against the Spanish Public Treasury during fiscal year 2014; he was acquitted of another equal in 2015. In addition, he will have to pay a fine of 386,361.93 euros (almost 8.5 million pesos MXN to change) and to the loss of public aids or subsidies as well as the right to enjoy tax benefits or incentives or social security fo…
A Spanish court sentenced Brazilian coach Carlo Ancelotti on Wednesday to one year in prison for tax fraud when he was coach of Real Madrid in 2014.
Ex Real Madrid boss sentenced to one year in prison for tax evasion
The now Brazil national team head coach was found guilty of evading taxes on his image rights in 2014. Although he will probably not serve the prison term, he'll have to pay a fine and is set to be disqualified from receiving tax benefits in Spain for three years.
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