Brazil court orders Neymar's assets to be seized in tax-evasion probe
Rio de Janeiro: A Brazilian court has ordered the seizure of assets totalling 188.8 million reais (R310 crores approx) from football star Neymar to ensure payment of alleged unpaid taxes related to his signing by FC Barcelona, judicial sources have said.
Neymar. Pic/getty Images
In a September 11 ruling, Judge Carlos Muta of the Sao Paulo-based Regional Federal Court of the 3rd Region ordered that amount seized as a precautionary measure, that tribunal said on Friday, reports Efe.
Brazilian tax authorities are demanding that the star 23-year-old striker pay nearly 63.6 million reais in taxes on undeclared income between 2011 and 2013.
The court ordered 150 percent of that total seized to ensure payment of interest and penalties for alleged tax evasion related to his move from Brazilian-league club Santos to Barcelona, which was completed in June 2013.