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Category: sports & tax

Spanish Authorities Seek Jail Time for Soccer Stars Eto'o & Neymar Over Fraud Allegations

Kelly Phillips ErbNovember 26, 2016

What started as one or two investigations into allegations of tax evasion now feels to some Barcelona fans like a witch hunt. The latest victims? Samuel Eto’o and Neymar.

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Olympic & Paralympic Athletes Get Win With New Tax Exemption

Kelly Phillips ErbOctober 8, 2016July 22, 2021

Congress has finally provided tax relief for some American taxpayers: medals or prizes awarded during the Olympic and Paralympic games are now tax exempt.

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Back To School: What You Need To Know About Taxes When Your Kids Play Sports

Back To School: What You Need To Know About Taxes When Your Kids Play Sports

Kelly Phillips ErbSeptember 2, 2016May 19, 2020

Can you deduct the costs you pay out of pocket for your child to play sports? Here’s what you need to know.

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Olympic Medals And Prize Money Remain Taxable – For Now

Kelly Phillips ErbAugust 10, 2016July 22, 2021

As US athletes continue to rack up gold at the Olympics, they’re also racking up a tax bill. There’s a proposal in Congress to exempt Olympic winnings, including medals, from tax – but is it a good idea?

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Soccer Star Lionel Messi Will Appeal Conviction, Prison Sentence On Tax Evasion Charges

Kelly Phillips ErbJuly 7, 2016

Barcelona soccer star Lionel Messi and his father, Jorge, will appeal a Spanish court decision finding the pair guilty of tax fraud.

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Soccer Star Lionel Messi Found Guilty Of Tax Evasion, Sentenced To 21 Months In Prison

Kelly Phillips ErbJuly 6, 2016

A Spanish court has found Argentine footballer Lionel Messi guilty of tax fraud. The soccer superstar has been sentenced to 21 months in prison.

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FC Barcelona Agrees To Hefty Fine To Settle Tax Evasion Charges Related To Neymar Signing

Kelly Phillips ErbJune 14, 2016

FC Barcelona has agreed to pay back taxes and a fine to Spanish tax authorities to settle a tax dispute involving signing the soccer superstar Neymar.

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NFL's Richard Sherman Talks Football, Taxes & Why Billionaire Owners Should Pay For Stadiums

Kelly Phillips ErbJune 11, 2016

The NFL’s Richard Sherman thinks he’d make a good President. He would fix the deficit, lower taxes – and make NFL owners pay for their own football stadiums.

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Messi At Tax Trial: I Only Worried About Playing Football

Kelly Phillips ErbJune 2, 2016

“I was playing football. I had no idea about anything.” That was the testimony today from Lionel Messi during his trial on tax fraud charges.

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Footballer Messi Misses Tax Fraud Trial Opening, Expected To Testify On Thursday

Kelly Phillips ErbMay 31, 2016

The tax fraud trial of Lionel Messi kicked off in Spain today but the footballer wasn’t in attendance. Following an injury to his back during in a friendly against Honduras, Messi didn’t show on day one but his lawyer assured the court that the superstar would be available to testify on Thursday.

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