Hiddink, 60, who signed a two-year contract with Russia worth 4 million euros last year, has been embroiled in a tax scandal in his home country, with Dutch prosecutors demanding a 10-month prison sentence for failing to pay Dutch taxes.
Dutch prosecutors have been insisting that in 2002-2003 Hiddink failed to pay the Dutch tax service 1.4 million euros in taxes by claiming that his permanent residence was in Achel, Belgium, although he lived at his girlfriend's house in the Netherlands.
The 45,000-euro fine is the maximum financial penalty the court could impose on the charge it found him guilty of, which was incorrect or incomplete payment of taxes.
The court acquitted Hiddink of tax evasion charges for 2002, but agreed that the defendant resided in the Netherlands from January 1 until August 26, 2003.
In addition to the six month suspended sentence, the court also gave Hiddink two years of probation, which means that if the coach commits a crime within the given period he will be sentenced to prison.
Vyacheslav Fetisov, the head of the Russian Federal Agency for Physical Culture and Sport, said he hoped that the verdict will not affect the work of the Dutch coach with the Russian team.
"I hope that he [Hiddink] will return to work as soon as possible," Fetisov said. "This sensational story should in no way affect the coach's mood or the team atmosphere."
Russia's national team failed to qualify last year for the World Cup in Germany, and Russian fans are hopeful that Hiddink, who previously guided the South Korean and Australian teams to unprecedented successes, will take the team to the Euro-2008 finals.
