Many F1 drivers have relocated to Monaco due to their tax rules. Red Bull driver Max Verstappen is certainly one of those drivers. However, he was recently called out by the Dutch government for evading a massive amount of tax. Moreover, The Correspondent writer, Rutger Bregman, also called out the Red Bull driver on social media.
As per reports, Verstappen was accused of evading nearly $200 million in taxes. Although Verstappen’s manager denied all the allegations, Dutch historian Rutger Bregman launched a scathing attack on Verstappen on LinkedIn. Notably, Verstappen was living in Monaco due to their tax rules.
As per American analyst Joe Pompliano, “Monaco has no income tax, no wealth tax, no local tax, no property tax, and no capital gains tax.” Moreover, there are fewer paparazzi as well. Not only Verstappen, but Lewis Hamilton, Charles Leclerc, Lando Norris, Valtteri Bottas, and many other F1 drivers also live there.
Rutger Bregman took to LinkedIn and wrote, “Crystal clear proposal from two economists of the Instituut voor Publieke Economie to make top athletes such as Max Verstappen (plus thousands of other athletes, coaches and wealthy Dutch people) also pay their taxes properly… Totally fine if people move to Monaco for peace and quiet… All that is allowed, as long as you continue to pay your taxes properly.”
Max Verstappen & Co. Follow in Lewis Hamilton’s Footsteps to Support a Cause Close to His Heart
Alpine’s $441,000 Worth Breach of Trust Slammed by Oscar Piastri as Far-Sighted Plans Starts to Pay Dividends
Lewis Hamilton Armed With Brand New $500,000 Weapon as Mercedes Cut the Arm to Save the Dying Body