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death and taxes

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Spanish tax authorities have been stepping up their game in recent months, and now they have two high-profile cases to show for their hard work. This matters in the two-wheeled universe because one of the case involves former MotoGP racer Sete Gibernau.

According to prosecutors in Barcelona, Gibernau defrauded the Spanish government of roughly €2.8 million. Gibernau on the other-hand says that during the time in question, from 2005 to 2006, he did not live in Spain, but instead lived in Switzerland.

Spanish prosecutors however state that Gibernau did not live in Switzerland, like he says, but instead lived in Esplugues de Llobregat, a province in Catalunya.

There must have been someone going around the MotoGP paddock many years back, handing out bad financial advice to any rider they could find, because Loris Capirossi is now the second MotoGP rider (that we here at A&R can think of), that’s been slapped with an income tax evasion fine in the past few years.

Capirex, like Valentino Rossi before him, has found himself on the wrong-end of the law, after losing an appeal to his charge of income tax evasion, and accordingly must pay a €2 million fine for his actions.