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Tax Authorities Eye 'Disguised Remuneration' Charge in Neymar-Gate

  • Marca, Wednesday, January 29, 2014 3:30 PM
El Mundo on Wednesday reported that Spain’s tax authorities will likely consider the 50 million euros ($68 million) paid to the company N&N (Neymar & Neymar) as “disguised remuneration,” which refers to the provision of “rewards, recognition or loans” through ‘third parties’, in other words, entities other than the employer and employee, according to FT.com. El Mundo says that the big question is whether Barca has paid the tax on the 50 million or N&N has, but adds that clubs usually offer to pay income tax in similar deals.

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