Khaleej Times

Neymar cleared in Brazil tax fraud case

- Reuters

sao paulo — Barcelona striker Neymar has been cleared of any criminal charges in a long-running tax evasion case in Brazil, a Brazilian court said on Wednesday. A judge in Sao Paulo said there was a “lack of just cause” in the case that alleged he underpaid income tax between 2011 and 2014.

Neymar’s father and agent said on Wednesday’s decision was a major victory.

“It is with great happiness that we received the news of the shelving of the Public Ministry’s case of tax evasion,” Neymar Snr. said in a statement sent to Reuters. “The process is officially closed (and) that proves the legality of all our acts.”

Neymar could still, however, have to pay substantia­l sums to Brazil’s tax office.

Brazil’s federal tax office charged Neymar in 2015 with evading 63 million reais ($19.94 million) in taxes due on income earned from the Santos and Barcelona soccer clubs and sponsors between 2011 and 2014.

Neymar appealed last year and a court ruling in his favour in March halved the penalty of 200 million reais in fines, back-taxes and interest that Brazil’s tax office had slapped on the player.

This was separate to the criminal prosecutio­n brought by federal prosecutor­s, which has now been shelved.

“These were four years of unfounded accusation­s that me, my family and the employees of my companies suffered through, in every possible way,” Neymar’s father said in his statement.

“Although many people doubted it, there is justice in our country. Charge by charge, one after the other, they were knocked down by our defence, leaving it explicitly clear that we did not avoid paying one cent of tax.” —

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