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Friday 18 September 2020 ,
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29 May, 2020 06:10:28 PM / LAST MODIFIED: 29 May, 2020 06:13:40 PM
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Brazilian judge suspends Neymar’s fine payment to tax authorities

Independent Online/AFP
Brazilian judge suspends Neymar’s fine payment to tax authorities
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A Brazilian judge has suspended Neymar’s payment of a fine of 88 million reais ($16.28 million) to tax authorities for irregularities, notably in connection with his transfer to Barcelona in 2013.

The judge, Decio Gabriel Gimenez, at a court in Sao Paulo, suspended the payment of the fine “until further notice”, on the grounds that the exact amount due to be paid by Neymar was not clarified.

According to Brazilian press reports, the state has already appealed the decision.

In September 2015, the Brazilian Treasury froze 188.8 million reais of the player’s assets, due to unpaid taxes linked to his image rights from 2011 to 2013.

Neymar had left Brazilian side Santos for Barcelona in 2013.

The fine was reduced in 2017 after a tax appeals council quashed two of the five convictions.

The Paris Saint-Germain star, the world’s most expensive footballer, agreed to pay a much smaller fine, before the treasury announced in 2018 that he still owed 88 million reais.

Neymar’s transfer from Santos to Barca attracted the attention of Spanish authorities, who prosecuted the now-28-year-old and the La Liga giants for “fraud” and “corruption”.

Barcelona officially said the transfer cost 57.1 million euros ($63.6million), with 40 million euros going to Neymar’s family and 17.1 million to Santos, but Spanish prosecutors later said it actually cost at least 83.3 million euros.

MH

 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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