The Brazilian court released its sentence: Gustavo Kuerten will have to pay $7 millions RS, which is more than US$2 million. Kuerten didn't report the money received from the copyright and image rights between 1995 and 2002.
Or better, he did it through his company, paying 20% of the taxes and not the 27.5%. Kuerten said he will use this decision, adding: 'If I had wanted to get tax benefits, it would have been much easier to change my residence from Brazil to Monte Carlo or to any Country that has a tax exemption, also because I was spending much more time outside of Brazil.' 'But I preferred to remain here for the love I Have for my country, and now it's unacceptable that I have to pay because I reported the money of the copyright and image rights through a company, created by me and others in 1995 in order to handle better my money, and to be able to focus only on my tennis career.
It's absurd', Kuerten added. The Former World No. 1 and three-time Grand Slam champion also earned $14.807.000 from prize money events. Story by Site Tenis News
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