A Brazilian
tax appeals court ruled on Wednesday that Barcelona
forward Neymar could cede his
image rights to family businesses and dismissed charges by federal auditors
that they were front companies set up to dodge taxes.
Neymar still faces other rulings by
the court on charges of evading Brazilian taxes on his controversial 2013
transfer to Barcelona. The initial ruling, however, will halve the penalty of
200 million reais (£52m) in fines, back-taxes and interest that Brazil's tax
office had slapped on the soccer star, his lawyer Marcos Neder told reporters.
Brazil's
federal tax office charged the soccer player in 2015 with evading 63 million
reais (£16m) in taxes due on income earned from Santos and Barcelona soccer
clubs and sponsors between 2011 and 2014. Neymar appealed last year. Auditors
failed to prove their case to the appeals court that Neymar should have paid
individual income tax of 27.5 per cent on the earnings instead of the lower
corporate tax rate he used in tax returns. Once the tax office case is decided,
federal prosecutors are expected to charge Neymar and his father in criminal
court for tax evasion and fraud.
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