Neymar Ready To Pay $2.5m Fine To Brazil Tax Authorities
New Paris Saint-Germain (PSG) recruit Neymar says he is willing to pay a fine of $2.5 million to settle tax evasion allegations in his country.
According to his lawyer Marcos Neder who made this known on Friday, the 25-year-old Brazilian football star wants to leave the fight with Brazilian authorities behind him as he prepares for a new professional life with PSG after his record $261 million (222 million euro) transfer buyout from FC Barcelona.
“This process has stretched on for more than three years and our goal is to move ahead with the new phase that Neymar has begun,” Neder said.
Tax evasion
In September 2015, Brazilian tax authorities seized what was then the equivalent of $55.7 million in Neymar’s assets to cover what they said were unpaid taxes from 2011 to 2013, plus penalties and interest.
The case has been snaking its way through the courts ever since.
Neymar was able to record success such as having the amount of seized assets reduced.
However, it is now up to tax authorities to decide whether they accept the amount that Neymar’s defense team has calculated that he owes.
Neymar also faces corruption charges in Spain stemming from his transfer to Barcelona from the Brazilian team Santos in 2013.
