The Motley Fool Discussion Boards
Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: French tax authorities Foiled||Date: 2/24/2013 12:21 PM|
|Author: desertdaveataol||Number: 416597 of 465391|
(The higher the taxes the grater the incentive to avoid them.)
[David Beckham] has strictly limited his contract to five months, kept his family based in London, and – most crucially of all – said that he will pay his nominal salary to charity.
All of this enables both Beckham and PSG to concentrate on making millions from the player's image rights and other commercial activities, while paying far smaller taxes abroad.
Mr Blanc said that 'we have already received a lot of requests' for Beckham's salary, and that 'we want to cause as little disappointment as possible.'
He also admitted that PSG wanted to keep government charges to a minimum, claiming that 'the largest possible amount' would go to a children's charity.
Read more: http://www.dailymail.co.uk/news/article-2283678/French-tax-a...
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|