Real Madrid and Barcelona sentenced to pay around 5 million euros in taxes

The two big Spanish clubs, along with Athletic Bilbao and Osasuna, were sentenced to relatively heavy taxes.

 An earlier ruling by the European Court of Justice in Luxembourg today (Thursday, March 4th) upheld a ruling by the European Commission that sentenced four clubs, Barcelona, ​​Real Madrid, Athletic Bilbao, and Osasuna, to pay around € 5 million in taxes. Were.

The clubs in question, led by Barcelona, ​​challenged an initial ruling issued by the European Commission in 2016 that called into question the use of a 25% tax rate instead of the standard 30% rate for sports companies, but the result The final was not in their favor.

For more than 20 years, these four clubs had lower tax rates than several other Spanish clubs because they were treated like non-profit football clubs instead of limited liability professional football clubs.

The European Commission, however, ruled in 2016 that the four clubs in question occupied the status of a lower tax group than other sports institutions, an unfair privilege granted to them.

Barcelona, ​​however, objected to the ruling and forced the general court in 2019 to overturn the original ruling because the EU Competition Authority failed to legally prove that it had all the benefits.

The European Commission then took the case to the European Court of Justice to prove that Barça, Real Madrid, and its partners had benefited economically.

Read art articles in Art Magazine.

Comment here