A Brazilian court seized goods worth 188.8 million reais ($ 47 million) to Neymar to secure the payment of taxes to the IRS sues for his move to Barcelona, judicial sources reported.
The value was blocked as a precautionary measure in a decision last September 11 by Justice Carlos Muta, according to the Federal Court of the Third Region reported today.
The Brazilian tax authorities will demand Neymar payment of about 63.6 million reais (approximately 16 million dollars) in taxes undeclared between fiscal years 2011 and 2013.
The court ordered the blocking of 150% of that amount to secure the payment of interest and in fines for alleged tax evasion relating to his transfer from Santos to Barcelona.
Because the amount exceeds 30% of the assets declared Neymar, amounting to 244.2 million reais ($ 61 million), the court decided to block the assets of his father and family businesses Neymar Sport and Marketing, N & N and N & N Consulting Bens Administração Participações e Investimentos.
The Brazilian Treasury considers that he evaded taxes because he said the money perceived by his move to Barcelona as the earnings of its companies, as stated by the judge at sentencing.
According to Brazilian tax agency, Neymar also omitted from his tax collecting advertising services, image rights and other contracts signed with Barcelona and other companies between 2011 and 2013.
The judge argued his decision to foreclose on the family business considering that all the assets of these companies comes "exclusively" Team work.
The value was blocked as a precautionary measure in a decision last September 11 by Justice Carlos Muta, according to the Federal Court of the Third Region reported today.
The Brazilian tax authorities will demand Neymar payment of about 63.6 million reais (approximately 16 million dollars) in taxes undeclared between fiscal years 2011 and 2013.
The court ordered the blocking of 150% of that amount to secure the payment of interest and in fines for alleged tax evasion relating to his transfer from Santos to Barcelona.
Because the amount exceeds 30% of the assets declared Neymar, amounting to 244.2 million reais ($ 61 million), the court decided to block the assets of his father and family businesses Neymar Sport and Marketing, N & N and N & N Consulting Bens Administração Participações e Investimentos.
The Brazilian Treasury considers that he evaded taxes because he said the money perceived by his move to Barcelona as the earnings of its companies, as stated by the judge at sentencing.
According to Brazilian tax agency, Neymar also omitted from his tax collecting advertising services, image rights and other contracts signed with Barcelona and other companies between 2011 and 2013.
The judge argued his decision to foreclose on the family business considering that all the assets of these companies comes "exclusively" Team work.
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