ADVERTISEMENT
Rugby club ordered to pay 750,000 euros in back taxes
The Paris club had been subject of an initial probe by customs officials in January 2012 on its four previous seasons.
An investigation found that Racing 92 had avoided paying taxes under a local law dating back to 1997
The Paris club had been subject of an initial probe by customs officials in January 2012 on its four previous seasons.
That investigation found that Racing had avoided paying taxes under a local law dating back to 1997 which exonerated any rugby or football played in Colombes, where their stadium is, from paying taxes.
But financial officials argued that when the club changed its status from an association to commercial company in 2001 matches were open to be taxed.
ADVERTISEMENT
A first backdate totalled 659,648 euros, followed by a second of 91,805 euros for the 2012-13 season.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
How to save a life by doing CPR during an emergency
3 reasons most airplanes are painted white
How 1 woman became first lady of 2 different countries — she married 2 presidents
How parents, teachers can recognise when a child is being bullied
It's illegal to publicly celebrate your birthday in this country
How to slay as a child of God like Diana Asamoah
Open Institute of Technology (OPIT) prepares to welcome more IT students from Africa
‘We’re not friends’- Yvonne Nelson reveals after exposing Sarkodie in her memoir