Loris Capirossi Ordered to Pay € 2 Million Fine for Tax Evasion

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loris capirossi

Loris Capirossi is going to the Le Mans GP this weekend with a big headache and a lighter bank account. The fifth section of the Supreme Court of Appeals has ordered the MotoGP rider to pay up a € 2 million fine for tax evasion.

Capirossi was accused of concealing his personal income and not paying VAT and other taxes when he moved his domicile to Montecarlo back in 1994, but according to the Tax Authorities, the Italian continued to live at his home at Riolo Terme from 1995 to 1998 and was accused of tax evasion in 2001, Capirossi appealed, but after nine years the Court ruled against him.

The veteran rider will also have to pay € 25,000 for court costs.

Source | affaritaliani.it

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