AC Milan VP Galliani Blames Spanish Tax System For Failure To Bring Kaka Back To Italy
AC Milan VP Adriano Galliani has "blamed the Spanish tax system" after revealing that his club's hopes of bringing Kaka back to the San Siro from Real Madrid are "dead in the water," according to the AFP. Galliani said, "The deal for Kaka is off. We were waiting to hear from a tax man in Spain and we got his reply today. The deal is off because it is too risky." The club's website added: "After a year in Italy, the so-called 'Beckham law' would no longer have applied, meaning that Kaka's taxes would have risen drastically as Italian tax laws state making it virtually impossible for the Rossoneri to make such an investment." Spain introduced the 'Beckham Law' back in '06 to attract foreign workers into the country by "considerably reducing their tax liabilities" (AFP, 8/28).