Wednesday, July 26, 2006

Guus Hiddink faces tax fraud charges

The coach everyone wants might just become a wanted man in Amsterdam as Guss Hiddink stands accused of making a false statement regarding his official place of residence in his 2002 and 2003 tax fillings, i.e. tax fraud.

Hiddink said he lived in Belgium, which has a more favorable tax rate, however Dutch authorities do not believe him.

The Dutch version of the IRS, the FIOD, raided the office of his tax adviser Simon van den Boomen back in October as part of a wider inquiry. They now seem to be focusing on Hiddink. He will have his first hearing on September 15th.

Hiddink is not very happy about all this and has declared his innocence and last year called this "an administrative issue."

I'm not really up on Dutch tax law, so I don't know if he only faces financial penalties or if he might end up behind bars.

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