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Verstappen's manager denies tax evasion: 'Keeping to rules'
Max Verstappen has been living in Monaco since late 2015. The Dutch Volkskrant wrote an article last week in which they addressed the tax benefits of living in the principality. In this article, the daily accused the Dutchman of legal tax evasion. The two-time world champion's manager, Raymond Vermeulen, said the accusations were unjustified. Article continues under ad Many drivers are residents of Monaco. Besides the city-state being hugely famous in Formula 1, due to the legendary Grand Prix held there, drivers without French nationality do not have to pay income tax. The Volkskrant reported that Verstappen's total tax benefit is estimated to be at least 200 million, should he continue...
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1y ago from GPBlog.com
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