Alexis Sanchez tax evasion

Discussion in 'Manchester United Forum' started by Sambob, Feb 7, 2018.

  1. Feb 7, 2018

    buck3y3nut Full Member

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    Hmmmm. Great snark there! My cousin works for Deloitte. He's a consultant and makes FAR less than these footballers and Deloitte has specialist tax advisors for them since they travel every week for work.

    You'd be surprised how dumb these footballers can be when it comes to money! Ask my brother in law. He works in Private Equity and used to deal with NFL players ALL the time.
  2. Feb 7, 2018

    Mike Schatner Full Member

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    Blame the legislators for having loopholes, amateurs.
  3. Feb 7, 2018

    Tom Van Persie No relation

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    Ballbag probably reported him.
  4. Feb 7, 2018

    SirAF Ageist

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    Obviously, but I would assume that virtually EVERY single pro athlete got people handling their stuff for them.
  5. Feb 7, 2018

    Rado_N Go Broncos!

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    I've picked up clients plenty of times who have up until then had their mum making a right royal mess of dealing with their Tax Returns.
  6. Feb 7, 2018

    SirAF Ageist

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    Jaysus! Pro athletes?
  7. Feb 7, 2018

    Adzzz Astrophysical Genius - Hard for Grinner Staff

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    First day of prison, doing some serious time, dude walks up to me - face tattoos and shit, "what in your here for homie?"

    "Man, my mum failed to properly return my tax receipts."

    :(
  8. Feb 7, 2018

    Ish Lights on for Luke

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    Not quite sure if you’re agreeing or disagreeing but how is avoidance not legal, if it is in fact deductions allowed by law/government?

    What does how much you earn, or tax percentages have to do with it? Your conditions prevalent to how you earn your income is usually the decisive factor when doing a tax computation, which allows or disallows certain deductions.

    Those who are intentionally evade tax, for sure, are morally corrupt and need to be punished. I still don’t see how avoiding tax, by using statutory allowances is anything but fair.

    I guess what you’re referring to is a bit different. Call it areas of “grey” within tax avoidance.

    I do tax planning which I just see very similar to avoidance - I.e. the most “efficient” structures and set up for me (and my estate in the event of my death) to be as tax efficient as possible. Even when I do my annual tax return, if I, as an example, could claim a valid vehicle expenses/travel expenses deduction, why wouldn’t i?

    You definitely get people, especially the super wealthy, who would buy acquire companies at little to no cost who carry huge assessed losses for instances. They’d use these cumulative losses to offset taxable income in the future. That’s a murky area which is quite debatable.

    There’s another side to the coin though. Government usually try and challenge these complicated structures (if it’s deemed to have been set up with the lose purpose of evading tax) in the courts. They win some. They lose some.
  9. Feb 7, 2018

    Rado_N Go Broncos!

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    Yup. Top level.

    Others have siblings acting as agents and money managers. Honestly mate it's staggering.
  10. Feb 7, 2018

    Trigg aka Trippin_Stoned

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    Ok pal.
    If you think its ok for the super rich to have offshore tax havens to save paying tax then fair enough.
  11. Feb 7, 2018

    Rado_N Go Broncos!

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    That would be evasion.
  12. Feb 7, 2018

    Sayros Full Member

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    That's a bit unfair there, these sportsmen absolutely deserve the money they're making, they sacrificed their whole lives for this, they aren't guaranteed to not have a career-ending injury tomorrow and be left with the money they've made, and, most importantly, if someone is willing to pay them that money, you can be sure they're most likely making an excellent return on their investment.

    That being said, pay your fecking taxes people.
  13. Feb 7, 2018

    rcoobc Not as crap as eferyone thinks

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    Just pay your tax.
  14. Feb 7, 2018

    VeevaVee despite the protests, wears Ugg boots

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    I bet pro cyclists evade all of it. Pretend they're not needed, just like traffic lights. Wankers
  15. Feb 7, 2018

    Rado_N Go Broncos!

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    :lol: nice throwback
  16. Feb 7, 2018

    Red_toad Full Member

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    Oh so anyone who has no issue with paying their share of taxes is dumb. Lovely selfish position you have on life there.
  17. Feb 7, 2018

    Red Digger Full Member

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    I agree but why have you a different stance in this case than Messi’s case. You felt a 2 million fine was soft and that he should have went to prison. I’m just curious as I totally agree with the rest of your comments but find it strange you expected a harsher punishment for Messi.
  18. Feb 7, 2018

    Mibabalou Full Member

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    Pay your taxes!!

    But tbh it’s not like any of these people are doing their own taxes and I doubt whoever is tells them hey this is illegal should we do it?

    Just scum lawyers and accountants trying to take the most for themselves.
  19. Feb 7, 2018

    Rado_N Go Broncos!

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    :lol: I don't remember that but I do like winding up Messi fans

    edit: also my position on this particular case is based on the understanding that the regulations were changed, I don't recall that being the case with Messi. If it was then fair enough.
  20. Feb 7, 2018

    Ish Lights on for Luke

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    No! Come and make me.....robocop! ;)
  21. Feb 7, 2018

    Ish Lights on for Luke

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    :mad:
  22. Feb 7, 2018

    Red Digger Full Member

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    :lol::lol::lol::lol:
    That would explain it, I prefer Ronaldo anyway
  23. Feb 7, 2018

    rcoobc Not as crap as eferyone thinks

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    There is obviously a difference between being tax efficient (which can range from simply using an ISA or saving in a pension, to much more complex situations), to full on tax evasion.

    Unfortunately, it's a slippery slope full of shades of grey.

    When you've got large multinational corporations paying next to no effective tax, or when you have celebrities channelling their millions through tax avoidance strategies. This is a problem.
  24. Feb 7, 2018

    Aint gota Kalou Full Member

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    What you've just described is hardly avoidance - sounds more like your normal tax planning which is absolutely fine.

    When it starts to become morally wrong is where its clear that you're risking very little for a huge tax relief. If the reward hugely outweighs the risk thats when you should be aware that you're part of something dodgy. Or if theres some complex structure behind it for no real commerical reason. Thats when you should be open to criticism and punishment.

    I think HMRC are starting to win a lot more of these cases - guess its reflecting socieities changing opinion towards avoidance. About 15 years ago I doubt many people gave a feck. Now at least a few more do.
  25. Feb 7, 2018

    SirAF Ageist

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    Madness :lol:
  26. Feb 7, 2018

    Classical Mechanic Full Member

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    I not agreeing or disagreeing. I'm just pointing out that a lot of people get angry if rich people are not paying the maximum amount of tax the government ask for. They think financial instruments designed for tax efficiency are immoral.
  27. Feb 7, 2018

    limerickcitykid There once was a kid from Toronto...

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    Tbf, then you got the ones that do hire accountants who are just incompetent. :lol: I got a football agent and this guy is pretty rich and I always just think to myself, why the feck is he paying for me to do his accounts and returns? Like feck if I know what I'm doing. To top it off there isn't even a fully qualified accountant in my company, place is a joke.
  28. Feb 7, 2018

    SirAF Ageist

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    :lol:
  29. Feb 7, 2018

    Rado_N Go Broncos!

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    Not where I was expecting that to go :lol:
  30. Feb 7, 2018

    harshad likes to think about Gerrard while at work

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    Do you think that tax evasion and tax avoidance are the same thing?
  31. Feb 7, 2018

    Pace Abuser Full Member

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    They hoard what they earn, I'm not begrudging that. But they're also hoarding money they should have paid as tax, it's that that I'm alluding to when I say they shouldn't even have it.
  32. Feb 7, 2018

    JustFootballFan Thinks Balotelli & Pogba look the same

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    Just because you pay your agent €20M for a transfer doesn´t mean he should set you up with an accountant that can fill out a tax form. The bar is simply set too high for these agents.
  33. Feb 7, 2018

    Ronaldo's ego New Member

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    I’m sure he can negotiate the same deal I got...£10 a week for the next 50 years
  34. Feb 7, 2018

    Zoo Full Member

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  35. Feb 7, 2018

    Red_toad Full Member

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    To evade or avoid means the same thing. Legally one is allowed, morally both are wrong.
  36. Feb 7, 2018

    SirAF Ageist

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    Nonsense. If it's legal.. well then it is legal. Knock yourself out!
  37. Feb 7, 2018

    Mike Schatner Full Member

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    :lol:
  38. Feb 7, 2018

    ti vu Full Member

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    At this point, we can safely assume the trace all lead to the Spanish clubs. The pattern is clear to see. To jump on individuals ain't the solution.

    That's no excuse for any specific coaches, players who did, would end up caught red handed by the law, though.

    Edit:

    Just what I thought.
  39. Feb 7, 2018

    EyeInTheSky Full Member

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    The feck does this have to do with Spain? Have I to assume this is just based on his time there with Barca?
  40. Feb 7, 2018

    harshad likes to think about Gerrard while at work

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    Why is avoidance morally wrong? Why can't I plan my finances and estate in a manner that I get to enjoy the most out of it and my heirs would get the maximum possible inheritance that they can while being legally compliant at all times?

    Why is there an expectation that one should pay the maximum tax that could possibly be paid?