Neymar told to pay $53m for tax evasion

20 March,2016 10:35 AM IST |   |  IANS

A Brazilian court has ordered Neymar to pay 188.8 million reais ($53 million) in back taxes, interest and fines after finding him guilty of tax evasion.

Neymar


Rio de Janeiro: A Brazilian court has ordered Neymar to pay 188.8 million reais ($53 million) in back taxes, interest and fines after finding him guilty of tax evasion.


Neymar

A judge at a federal court in Rio de Janeiro ruled that Neymar failed to declare earnings from his current club Barcelona, former club Santos and sponsor Nike, Xinhua newa agency reported citing the report of Folha de S Paulo newspaper.

The 24-year-old is expected to appeal the decision. The decision came just weeks after a Brazilian court had frozen assets belonging to Neymar worth 192.7 million reais.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Related Stories