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Friday 6. November 2009 - 10:52

Real Madrid 'Keeper Iker Casillas Supports Tax Reform

Real Madrid goalkeeper Iker Casillas has echoed the sentiments of team-mate Raul in supporting the Spanish government decision to reform a law which up to now has enabled foreign players in Spain to pay less tax than their Spanish team-mates.


The proposed reform of what is commonly referred to as the ' Beckham Law' would see foreign footballers pay tax at the rate of 43 per cent when they earn over €600,000 per year whereas presently they pay just 24 per cent.


The issue has split Spanish football with most clubs and the Professional Football League (LFP) keen to have the law continue as is at present in order to give them greater bargaining power in trying to sign overseas players.


As player contracts are negotiated on the net amount earned, in effect the increased tax bill falls to the clubs and not the footballers, which may result in players opting for other leagues over the Primera Liga if clubs in Spain can't match lucrative salary offers but Casillas sees the reform as just.


"As with what Raul said I totally agree that we are all 'A' or we are all 'B'. I think the reform is correct and I see justice," he said at a press conference.

 
Provided by: Frank Henriksen
 
 
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