TechPowered By

More tech

Report: Boonen under investigation for tax evasion

By:
Cycling News
Published:
May 16, 2013, 06:30,
Updated:
May 16, 2013, 07:57
Edition:
First Edition Cycling News, Thursday, May 16, 2013
Tom Boonen heads for the finish line in 2012

Tom Boonen heads for the finish line in 2012

  • Tom Boonen heads for the finish line in 2012
  • Belgian Champ Tom Boonen does his duty for fans
  • National coach Paolo Bettini says hello
  • Mario Cipollini polarised opinion, but his talent was never in doubt

view thumbnail gallery

Belgian's time in Monaco in question

Tom Boonen (Omega Pharma - Quick-Step) is being investigated for tax evasion according to a report in Belgian newspaper De Tijd.

According to the report, the case is currently in the hands of special tax investigators, who are looking into whether Boonen has overstepped the mark in terms of his "tax optimisation" - that beingt as a former resident of the well-known tax haven of Monaco, he allegedly did not declare enough of his income to Belgian authorities. Boonen resided in Monaco from September 2005 until early last year when he returned to Belgium.

Boonen's manager, Paul De Geyter did not respond to the newspaper's queries but Omega Pharma-Quick-Step boss Patrick Lefevere was able to confirm that authorities had previously requested documents regarding Monaco-based cyclists from the team, including Boonen and Gert Steegmans.

"That happened in the aftermath of the tax case against Paolo Bettini," he explained. "But I remember that all documents are requested in 2009 and then I heard nothing more."

Bettini was accused of falsely claiming that his primary residence was in Monaco and was investigated by Italian authorities. Mario Cipollini was acquitted of charges of tax fraud by the Court of Appeal in Florence, reversing an earlier decision which could have seen him imprisoned for 22 months after he failed to declare his income to the Italian treasury.

 

Almon Poole More than 1 year ago
The European socialists need more money!
Raoul Duke More than 1 year ago
Actually this is happening in my country with a lot of politicians who get extra money when their primary residence is far from parliament. They claim their residence is back in their political riding when actually they live close to parliament and cash in on the supposed expenses. Hope that is not the case here. Tom has had his problems, but I find him very likeable and a heck of a rider.
Justin O'Pinion More than 1 year ago
Big case like this in Canada right now with a well known senator. It's all the rage. This is not cycling news though, dispite Cycling News' best journalistic intentions.