Verstappen will be $200 million in coal because he does not pay taxes in the Netherlands
Mon. In the Netherlands, they celebrate, but also criticize their hero from Formula 1. The Dutchman Verstappen is a resident of Monaco, like many other sports stars, and the goal is not to pay taxes. His "savings" is huge
Formula 1 champion Max Verstappen is a true sporting hero in his homeland of the Netherlands, and he's proud of it. But fame is one thing, but when it comes to money, things are different.
Verstappen, like many other sports stars, is a resident of Monaco, just to avoid paying high taxes in his country of Holland.
A magazine in the Netherlands has calculated that when his new contract with Red Bull expires in 2028, Verstappen will have saved as much as $200 million, the amount he would have to pay if he paid tax in the Netherlands instead of in Monaco, where he does not pay such taxes. .
The magazine criticizes Max, who used the benefits of being a resident of the Netherlands while growing up, including education, and now does not contribute at all to the state coffers of this country.
The Dutch intellectual, historian Ruther Bregman criticized Max for this "trick" of tax avoidance.
– I don't understand how some people can look in the mirror. He contributes 0 euros to education and health, the police and firefighters... - says Bregman.
Monaco is home to many famous athletes who choose to reside in the principality to avoid paying taxes in their home countries. Such are Lewis Hamilton, Novak Djokovic, Lando Norris, Sergio Perez, Alexander Zverev, Grigor Dimitrov and many others.