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The tax man sticks it to Cipollini

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Old 14-01.-2008, 01:27 PM   #1
Bro Deal
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Default The tax man sticks it to Cipollini

Cipo has been ordered to pay 1.1 million euros in back taxes.
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Old 14-01.-2008, 01:36 PM   #2
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Default Re: The tex man sticks it to Cipollini

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Originally Posted by Bro Deal
Cipo has been ordered to pay 1.1 million euros in back taxes.
wonder how much Ball is paying him to put in an appearance....um race in a few US races - if the rumors are true
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Old 14-01.-2008, 01:40 PM   #3
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Default Re: The tax man sticks it to Cipollini

I hope he can still afford his cologne!!
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Old 14-01.-2008, 01:44 PM   #4
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Default Re: The tax man sticks it to Cipollini

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I hope he can still afford his cologne!!
now that would just inhumane if he couldn't, damn the tax man!
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Old 14-01.-2008, 06:51 PM   #5
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Default Re: The tax man sticks it to Cipollini

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Originally Posted by Bro Deal
Cipo has been ordered to pay 1.1 million euros in back taxes.
He could negate much of this by claiming that all his colossal pharmaceutical bills were legitimate, deductible expenses. They were mostly for jaw enhancement 'supplements' which were used to literally enhance his profile.
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Old 14-01.-2008, 10:09 PM   #6
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Default Re: The tax man sticks it to Cipollini

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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morelike hypocrisy.
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Old 15-01.-2008, 03:21 AM   #7
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Default Re: The tax man sticks it to Cipollini

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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Old 15-01.-2008, 03:26 AM   #8
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Default Re: The tax man sticks it to Cipollini

PP : well given the sort of money that these sportspeople make - they should be paying their fair share of tax.
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morelike hypocrisy.
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Old 15-01.-2008, 07:25 AM   #9
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Default Re: The tax man sticks it to Cipollini

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.
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Old 15-01.-2008, 07:34 AM   #10
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Default Re: The tax man sticks it to Cipollini

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Originally Posted by Powerful Pete
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.


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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Old 15-01.-2008, 08:29 AM   #11
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Default Re: The tax man sticks it to Cipollini

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Originally Posted by Powerful Pete
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.


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.
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morelike hypocrisy.
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Old 15-01.-2008, 08:39 AM   #12
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Default Re: The tax man sticks it to Cipollini

Quote:
Originally Posted by limerickman
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????
May be

Italy changes rules of tax-evasion game


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Old 15-01.-2008, 08:51 AM   #13
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Default Re: The tax man sticks it to Cipollini

Quote:
Originally Posted by limerickman
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.

Didn't Sophia Loren have to go to jail in Italy for that? And they painted her cell pink for her...
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Old 15-01.-2008, 09:07 AM   #14
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Default Re: The tax man sticks it to Cipollini

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Originally Posted by nns1400
Didn't Sophia Loren have to go to jail in Italy for that? And they painted her cell pink for her...


she did spend a few days in jail.

can't verify the pink cell bit though!

(beautiful looking woman too!)
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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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Old 15-01.-2008, 06:17 PM   #15
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Default Re: The tax man sticks it to Cipollini

Quote:
Originally Posted by limerickman
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.

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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