[Devil]

Rossi to pay €35 million to settle tax evasion dispute, Gazzetta reports - International Herald Tribune

PESARO, Italy: Valentino Rossi will reportedly pay about €35 million (US$50.8 million) to settle a dispute with Italian tax authorities.

The Gazzetta dello Sport reported Friday that authorities had been investigating the seven-time motorcycling world champion and wanted €112 million (US$162.5 million) in unpaid taxes, fines and interest.

[Noodles]

Ouch, that's pretty steep

[megadeth199]

Ouch that's a lot of money. Tax are tax you need to pay them or one day they will find you and you will pay more thant what you needed to pay.

[Lane]

man, I can't even contemplate having that amount of money, let alone handing it over to the tax dept.

[speedfreak]

OMG! €35 million. That should keep him busy to win more races to pay off the tax.

[SP2]

I think he has to be one of the highest tax paying sports person on this planet.

[crazzy]

I can't imagine how much he earns per race if his tax settlement is US$50.8 million.