Olympic Champion Teddy Riner Facing Tax Adjustment for Luxury Cars

The lavish lifestyle of three-time Olympic judo champion Teddy Riner has caught the attention of the French tax authorities. According to court records, Riner has been ordered to pay higher taxes after registering luxury cars under his name, parking one of them – a Rolls-Royce Wraith – near his home in Levallois-Perret.

LuxuryCar Rental Business Sparks Tax Controversy

Riner, who owns a luxury car rental company, tried to argue in court that he never benefited from these vehicles, as he was busy preparing for the Rio Olympics and World Championships in Budapest during the periods in question. However, the administrative court of Cergy-Pontoise ruled that the cars constituted “hidden remuneration and benefits” for the Judoka.

These cars are those of his luxury car rental company and if they did not generate any profit in 2016 and 2017, it’s because of the context and the terrorist attacks of November 2015 which brought luxury tourism to a halt. – Teddy Riner, before the administrative court of Cergy-Pontoise

High Income, Higher Tax Contribution

Despite Riner’s company not generating profits during that period, the judges found that the cars were not used for business purposes. Therefore, they decided to revise his income tax contribution upwards, considering the luxury cars as additional gains.

about Teddy Riner

Teddy Riner, born on April 25, 1989, is a French judoka who has won three consecutive Olympic gold medals in the heavyweight division (2008, 2012, 2016). He also holds a world championship title (2007) and won the World Judo Tour several times.

FAQ

Did Teddy Riner win any other Olympic medals apart from gold?

No, Riner has only won gold medals in his three Olympic appearances.

What is Teddy Riner’s belt rank in judo?

Riner’s judo rank is judoka 7th dan.

Sources: La Voix du Nord, Linformatique