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#1 |
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Registered User
Join Date: Jun 2006
Location: Resting by the Tumtum tree
Posts: 6,320
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Cipo has been ordered to pay 1.1 million euros in back taxes.
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"You are like the wind and I like the lion. You form the tempest. The sand stings my eyes and the ground is parched. I roar in defiance but you do not hear. But between us there is a difference. I, like the lion, must remain in my place. While you like the wind will never know yours." -- Mulay Hamid El Raisuli, Lord of the Riff, Sultan to the Berbers, Last of the Barbary Pirates Last edited by Bro Deal : 14-01.-2008 at 01:37 PM. |
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#2 | |
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Registered User
Join Date: Jul 2006
Posts: 1,786
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#3 |
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Registered User
Join Date: Jul 2006
Location: Didn't you ask for directions?
Posts: 6,106
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I hope he can still afford his cologne!!
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This stuff is just crap...Hitchy |
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#4 | |
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Registered User
Join Date: Jul 2006
Posts: 1,786
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#5 | |
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Registered User
Join Date: Feb 2007
Location: Centre of UK
Posts: 513
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#6 |
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Community Team
Join Date: Jan 2004
Location: at the bar
Posts: 12,631
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The tax investigation was concerned with whether or not Cippo was based in Monaco (tax free status) as he claimed, or whether he was based in Italy (where he is liable to be taxed at Italian rates).
1.1m euros is a large hit to take.
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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF morelike hypocrisy. |
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#7 |
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Registered User
Join Date: May 2004
Location: Rome, Italy
Posts: 3,870
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Yup, they got him the same way they got Valentino Rossi, proving that he had actually spent more days living at his 'secondary residence' in Italy than in his home in Montecarlo.
Happy the Government is going after these guys...
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De Rosa Planet Campagnolo Per Sempre! PAOLO BETTINI CAMPIONE DEL MONDO x 2!
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#8 |
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Community Team
Join Date: Jan 2004
Location: at the bar
Posts: 12,631
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PP : well given the sort of money that these sportspeople make - they should be paying their fair share of tax.
__________________
.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF morelike hypocrisy. |
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#9 |
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Registered User
Join Date: May 2004
Location: Rome, Italy
Posts: 3,870
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Indeed Lim. And apparently the tax police have brought on some additional good news for Re Leone. They are auditing an additional 2.9 million euro in 2000-2004 income that they are... ehm... 'curious' about.
__________________
De Rosa Planet Campagnolo Per Sempre! PAOLO BETTINI CAMPIONE DEL MONDO x 2!
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#10 | |
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Registered User
Join Date: Jul 2007
Location: Ohio
Posts: 422
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Quote:
Poor guy. It can't be cheap to entertain a second residence in Monaco. And it was all for naught since he'll have to tax in Italy after all. |
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#11 | |
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Community Team
Join Date: Jan 2004
Location: at the bar
Posts: 12,631
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Quote:
Don't take offence at this - but I read some time back that Italy has the lowest level of income tax compliance in Europe. Italians are fundamentally opposed to pay any tax - according to this article. Is this true???? We're the same - except we inherited that attitude because, living under British occupation for 800 years - we did all we could to deprive the "crown" of income.
__________________
.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF morelike hypocrisy. |
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#12 | |
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Registered User
Join Date: Dec 2007
Location: With my kids if not biking or at my computer
Posts: 214
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Quote:
![]() Italy changes rules of tax-evasion game
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For inches and centimetres, let fools contend." -- Damian Grammaticus |
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#13 | |
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Registered User
Join Date: Jul 2006
Location: Didn't you ask for directions?
Posts: 6,106
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Quote:
Didn't Sophia Loren have to go to jail in Italy for that? And they painted her cell pink for her... ![]()
__________________
This stuff is just crap...Hitchy |
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#14 | |
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Community Team
Join Date: Jan 2004
Location: at the bar
Posts: 12,631
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Quote:
she did spend a few days in jail. can't verify the pink cell bit though! (beautiful looking woman too!)
__________________
.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF morelike hypocrisy. |
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#15 | |
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Registered User
Join Date: May 2004
Location: Rome, Italy
Posts: 3,870
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Quote:
Indeed Lim, we have a bit of an issue with... following the rules. To paraphrase something Mussolini said, Italy would be a heck of a lot easier to govern if Italians did not spend 99.9% of their time doing exactly the opposite of what is laid out in laws/regulations. N.B. I am not glorifying Mussolini or Fascism, and this reference is made to normal everyday laws and not political opposition to the regime (IIRC).
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De Rosa Planet Campagnolo Per Sempre! PAOLO BETTINI CAMPIONE DEL MONDO x 2!
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