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Atletico Madrid's Diego Costa Fined For Tax Evasion

04.06.2020 21:56

Avoids six month jail term by agreeing to pay additional amount.

Atletico Madrid forward Diego Costa was fined €543,000 ($615,000) in Spain and given a six-month sentence for tax evasion Thursday.

The Brazilian born star, however, managed to avoided prison time by agreeing to an additional €36,500 ($41,300) fine.

The Spanish legal system allows sentences under two years for non-violent crimes be converted to a fine.

Prosecutors wanted a six-month term and a fine of €500K ($567,000).

A Madrid court found Costa, 31, guilty of not paying €1.1 million ($1.2 million) related to his move in 2014 to Chelsea in the English Premier League, as well as not declaring payments for image rights.

Costa wore a face mask to court because of the coronavirus pandemic but left after the ruling without issuing a statement.

His defense argued since he changed his residence from Madrid to London in July 2014, he did not have a tax obligation in Spain.

But the court rejected that argument and found he resided in the country for the first six months of 2014 and was mandated to pay.

Costa also has Spanish citizenship which he obtained to play in for the Spanish national team during the 2014 FIFA World Cup.

Household names such as Neymar Jr., Lionel Messi and Cristiano Ronaldo have also been caught trying to avoid taxes. -



 
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