Davide Rebellin Being Investigated For Tax Evasion

[El Imbatido]

http://uk.reuters.com/article/idUKLP33509820090925

Davide Rebellin and a formula 1 driver are being investigated for Tax evasion. From living abroad and not paying taxes on their visits.

I thought alot of athletes claimed residency in places like Monaco, so they don't have to pay the taxes?? I guess they are finally deciding to come down hard on it.

From recollection didn't they get 'Super Mario' for something like this??

 

[Race Radio]

Chipo was nailed for this a few years ago. Had to pay over $1 million

 

[Aapjes]

If you spend more than a certain number of days in a country, they will claim that you are a resident and will tax you. The exact number is usually between 90 and 183 days. For Italy, it is 183 days. They will also consider you a resident if your life is centered in Italy, whatever that means. You always have to pay tax over income earned in Italy, even if you are not a resident.

Interestingly, the whereabouts system means that pro cyclists have a very accurate record of where they spend their time, so an innocent rider could just hand over the whereabouts forms.

 

[craig1985]

I read somewhere that Cipolloni was really living in Tuscany, is that true?

 

[Race Radio]

I read somewhere that Cipolloni was really living in Tuscany, is that true?

Yes, right outside Lucca.

 

[craig1985]

Yes, right outside Lucca.

Well if your not going to pay your taxes, you could at least do it properly and actually wake up each morning in Monaco, not in Lucca.

 

[Chris0701]

Happened to Valentino Rossi as well, he had to pay 35 million euros

 

[Barnaby]

Didn't pay the VAT on his EPO. Silly boy.

 

[thehog]

David Miller was the same. Had to pay back €812,000 to the French government.