Fernando Alonso, a Formula 1 champion, moved to Switzerland in 2007 to pay lower taxes and increase his fortune. By living in Switzerland, Alonso avoided paying a large amount in taxes to Spain each year. However, Alonso has now moved back to his home region of Asturias, Spain, and as a result will have to pay approximately 14.5 million euros per year to the Spanish tax authority. While Alonso acknowledged he will be less rich by paying Spanish taxes, he said he is happy to return home. The document discusses how some athletes try to avoid paying full taxes by residing in low tax countries or regions.

1. SOCIETY, SPORT AND ITS CONTRADICTIONS:
“THE PARADOXES OF CURRENT SPORT”
NAME AND SURNAMES: GROUP: 4B
TOPIC TO WORK: athletesavoidpayingtaxes
CONCRETE TOPIC CHOSEN : FernandoAlonsomovedtoSwitzerlandtopay lesstaxes
Newspaper or website: ww.elconfidencial.com
Publication date: 08.02.2014
HEADLINE: FernandoAlonsomovedtoSwitzerlandtopaylesstaxesto increase hisfortune.
ABSTRACT:
The Formula 1 champion Fernando Alonso tooklive since 2007 in Switzerland to avoid paying a fortune
in taxes. Now Hacienda celebrates the return to Asturias. Fernando Alonso have to pay 14.5 million a
year for hacienda. Alonso said "It'swonderful to go home. I'mhappy to pay. I'm not poor -now I'lljust
be a little less rich-"
PERSONAL OPINION:
I think that They must pay taxes like everyone else and not create accountsoutdise Spain to pay less and
have more money.For doing this they should pay a lot of money
Society and Sport
Physical Education Department