Subject to a tax adjustment in Japan, Andres Iniesta paid his debt to the local tax authorities

Former Spanish international midfielder Andres Iniesta, subject to a tax adjustment in Japan for having failed to declare part of his income, paid the supplement due to the local tax authorities, amounting to around 3.5 million euros, all arguing that he had also declared this income in Spain, according to AFP.

“During the 2018 financial year, I declared my income from around the world to the tax authorities in Spain,” Iniesta said in a statement published by his management company, a copy of which AFP received on Sunday.

Confusion around residency status

“Japanese tax authorities began an investigation into my residency status under tax rules, and concluded that I was resident (in Japan) for part of 2018. Therefore, income from that period are subject to double taxation,” said the former Barcelona resident, adding that he had requested that the excess tax be refunded on the basis of the double taxation agreement concluded between the two countries.

The 2010 world champion, who spent five years with Japanese club Vissel Kobe until 2023, was accused of failing to declare around 860 million yen (5.25 million euros) of revenue for 2018, according to public broadcaster NHK and other media outlets.

If a foreign player’s contract is less than one year and he is not accompanied by his family, Japanese authorities consider him a non-resident and he pays less taxes than a resident, according to reports citing the state tax agency. However, the Osaka regional tax center estimated that in 2018, Iniesta was a resident because he lived with his family members and benefited from a multi-year contract, hence the additional tax of approximately 580 million yen (3.5 million euros) which was claimed from him. Contacted by AFP, the Osaka tax authorities declined to comment.

2024-03-24 11:49:44
#Subject #tax #adjustment #Japan #Andres #Iniesta #paid #debt #local #tax #authorities


Leave a Reply

Your email address will not be published. Required fields are marked *