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SBD Global/August 21, 2013/Finance

Best-Paid Spanish Footballers See More Than Half Of Salaries Go To Tax Authorities

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Spanish tax authorities will this year collect as much in taxes from Cristiano Ronaldo, Lionel Messi and Neymar as they would receive from 15,723 workers each earning €22,000 ($29,535), according to LIBERTAD DIGITAL. After a "historic tax increase approved by Spain's Popular Party in '12," the percentage owed to the government by those in the highest tax bracket, which includes people making more than €300,000 ($402,750), increased by seven points. The "majority of La Liga players have more than half their salaries taken by the tax authorities." In fact, "in the region of Catalonia, 56% is taken, while in Madrid the figure is 52%." Of the €36M ($48.3M) that Messi makes, he loses €20M ($26.9M) in taxes, while the tax authorities take €8.9M ($12M) of Neymar's €16M ($21.5M) annual salary (LIBERTAD DIGITAL, 8/20).
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