Gross vs. Net and the Tax Guaranty Clause

Apart from touching on several tax aspects and concepts, this article is addressed to sports lawyers, players and club representatives, who are not familiar with such topics. The author intends to call attention to the repercussions that taxation regulations can have vis-à-vis contracts that are drafted in daily practice.

Introduction - Understanding the Importance of Tax within Football

Today, taxation has become an urgent topic in the football world.

However, the concern about taxes started with the internationalization of players’ transfers during the 1980s.

For the first time in history, we had well paid players, who were playing abroad with minimal knowledge of the relevant local tax law and taxation regulations. At the same time, it became more common for players to have their careers and personal lives managed by agents, friends and family members who also had a very limited knowledge of the importance of declaring and paying taxes properly.

A relevant example was Diego Maradona’s case. He was heavily persecuted and tax controlled by the...

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