Falcao pays €8.2m to Spanish taxman

Monaco’s striker Radamel Falcao has paid €8.2 million to tax authorities in Spain as a caution as an investigation into alleged tax evasion continues, according to several news outlets. Falcao, 31, has been accused of defrauding the Spanish taxman of €7.4 million by using several shell companies in the British Virgin Islands, Ireland, Colombia and Panama to avoid taxes on income from image rights. The total sum, which includes interest, relates to Falcao’s time at Atletico Madrid between 2011 and 2013. Falcao has said he was resident in Monaco from … Continue reading Falcao pays €8.2m to Spanish taxman