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Thread: Rossi and his tax bill
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12th February 2008, 16:20 #1
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Rossi and his tax bill
MotoGP.com has a blurb about Rossi paying off the Italian tax board $35 M Euro (which i think is $50.7 million US). This will apparently allow him to request residency in Italy again. So I want to know....
Whats the background on this story?
If Rossi is dishing out over $50 million to buy citizenship, how much does he make a year?
What would it cost for me to become an Italian citizen?edlalu rides his cbr600f4i everyday!
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12th February 2008, 17:45 #2
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I thought that he lived in London to avoid being mobbed wherever he went in Italy. I didnt know it was a tax dodge.
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12th February 2008, 18:10 #3
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I don't think that $50 mil will make too much of a dent in the Rossi estate. I think he would be making quite a lot of cash to cover all this. When you think of the cash he makes from his contract, then his personal sponsors, as well as endorsements and appearance fees and merchandising, I think he will be doing OK.
Sandra O is YUMMY
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12th February 2008, 20:26 #4
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Originally Posted by jim mcglinchey
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12th February 2008, 23:55 #5
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He should have moved to Monacco if he wanted to not pay tax.
Sandra O is YUMMY
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13th February 2008, 00:41 #6
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Originally Posted by maxu05
Alonso was also doing the same, when he was with Renault he didnt have to pay tax so he lived in the UK, last year when he joined McLaren he had to pay tax since McLaren is a British company so Alonso moved to SwitzerlandI got my motorcycle jacket, but I'm walking all the time...
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13th February 2008, 03:47 #7
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That's why I like my job here in China, my company pays my tax for me.
Sandra O is YUMMY
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13th February 2008, 04:55 #8
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You might receive net amount, your company took it from your salary.
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13th February 2008, 05:33 #9
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No, I have a fixed contract when I started. I get X amount of dollars, (agreed to be my salary), and any tax is paid for by the company. Nothing comes out of my pay, except my wife tax, (she is worse than the tax man)
Sandra O is YUMMY
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13th February 2008, 05:49 #10
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My experience, unofficial wife is worst.
Fourmaux. Btw msport tested also hankook tyres https://youtu.be/DESKqpAqX5o?si=3uxWc8FrCUGMT0Pi https://youtu.be/sHetcbBQwKk?si=M7kq3bf2ar3Slhco
WRC Testing