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Motorcycle legend Rossi in Italian tax probe

Kevin Reed, Accountancy Age, 09 Aug 2007

Italian motorcycle god Valentino Rossi is probed over potential tax evasion after residing in the UK

Italy's taxman is probing the tax affairs of motorcycle hero Valentino Rossi over undeclared revenues of €60m (£41m), according to reports.

The multiple world title-winning MotoGp racer is being investigated by the Italian tax agency over undeclared income from 2000 to 2004.

The investigation is linked to his decision to reside in the UK for tax reasons in 2000.

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