Finance Minister’s Soccer Club Tax Evasion
Swedish Radio News says it has uncovered a document from a lower division Stockholm soccer club, indicating it intentionally cheated on taxes while club chairman Bosse Ringholm was Sweden’s Finance Minister.
Ringholm, who is currently Deputy Prime Minister, has sought to explain away earlier reports of tax evasion by saying the pay-outs to a coach were compensation for travel expenses rather than salary, or that human error was involved.
According to the report, the document from the Enskede soccer club clearly says that the coach was offered just over 6000 dollars in salary, but only around 2000 dollars would be reported to the tax authorities.
As Finance Minister, Ringholm was responsible for Sweden’s extensive tax system. He has denied any knowledge of the document.