Ex-Real Madrid Mijatovic to pay quarter million dollars due to tax fraud
A file photo for Predrag Mijatovic, former striker of Real Madrid and Valencia CF, dates back to June 28, 2007. EPA-EFE FILE/JOSE HUESCO
Madrid, Apr 25 (efe-epa).- Former Real Madrid and Valencia striker Predrag Mijatovic on Thursday reached a settlement to pay a fine of 248,501 euros ($276,469) for tax fraud in 2011, 2013 and 2014, according to Madrid's Prosecutor General's Office.
Mijatovic has signed an agreement in Madrid's 10th Criminal Court whereby he will avoid a trial and instead accept the penalty of a year-long prison sentence which was waved in lieu of Mijatavoic paying back 241,301 euros plus a fine of 7,200 euros for defrauding the Spanish Treasury.
The 241,301 euros total was made up of 40 percent of Mijatovi's back taxes. The former soccer striker has paid 75,813 euros for taxes due in 2011; 87,173 euros for taxes due in 2013; and 78,315 euros for taxes due in 2014.
The judge allowed the former Yugoslavia player to pay less than the total amount as Mijatovic had already paid into the public coffers the 189,534 euros he had stopped paying in 2011, the 217,933 euros of 2013 and the 195,788 of 2014.
According to the agreement, Mijatovic, with a tax address in Madrid, was not registered in the list of business owners or professionals and had no income in his personal income tax between 2011 and 2014.
Yet, it is clear that in the years in question Mijatovic was employed.
Following his career as a professional soccer player, from July 3, 2006 and until May 20, 2009, Mijatovic served as a sporting director of Real Madrid youth academy.
After this date, the databases of the Spanish tax agency did not include the former player working, either labor or commercial.
Mijatovic presented income tax statements for the years 2011, 2012 and 2013, including, as the only earned income derived from rents on a property he owned in Mijas, Malaga.
However, he did not present any tax statements for 2014, nor register any statements for the property or its ownership.
Also, the origin of payments made by third parties for his personal expenses or for those of his family was not justified.
Meanwhile, Mijatovic received 249,961 euros in 2011, 9,970 euros in 2012 and 125,000 euros in 2013 over a transfer agreement of a soccer player. EFE