PokerStars Team SportStar Neymar under Tax Evasion Investigation

PokerStars Team SportStar Neymar under Tax Evasion Investigation

In this story:  A Brazilian court has accused Neymar of evading taxes and on Friday froze assets worth 188.8 million reais ($47.6 million) belonging to the PokerStars Team SportStar, his family and related businesses. Neymar, 23, is being investigated on suspicion of evading 63 million reais ($16 million) worth of taxes between 2011 and 2013, when he transferred from the...

A Brazilian court has accused Neymar of evading taxes and on Friday froze assets worth 188.8 million reais ($47.6 million) belonging to the PokerStars Team SportStar, his family and related businesses. Neymar, 23, is being investigated on suspicion of evading 63 million reais ($16 million) worth of taxes between 2011 and 2013, when he transferred from the Santos football club to Barcelona, according to the Santos prosecutor’s office for Brazilian tax authorities.

Neymar earns around $61 million playing for the Barcelona football club in Spain, but the bulk of his assets are in Brazil and held between him and his family. The courts have frozen the Neymar Assets (This includes property and vehicles, although it’s believed he has access to his bank accounts and other liquid assets) and also the accounts of Neymar’s father and his companies Neymar Sport & Marketing, N&N Consultancy and N&N Administration of Goods, Participations and Investments.

Brazilian tax authorities believe that the player and his father evaded taxes by declaring the money received during his blockbuster move from Santos to Barcelona in 2013 as being business earnings.

The story PokerStars Team SportStar Neymar under Tax Evasion Investigation was published in  Hot Poker Stories , . Tags: , ,

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