Shakira to settle Spain tax fraud case with $8m fine  Nov 20, 2023   Visit Source  

Vanguard News

Sign up for our daily newsletter

By subscribing you agree to our privacy policy

November 20, 2023

Colombian singer Shakira arrives with her lawyer Pau Molins (L) at the High Court of Justice of Catalonia for her trial on tax fraud, in Barcelona on November 20, 2023. – Colombian superstar Shakira goes on trial in Barcelona today in a tax fraud case, with Spanish prosecutors seeking a jail term of over eight years for the Grammy-winning singer. They accuse the 46-year-old of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014, charges denied by the singer who says she only moved to Spain full time in 2015. (Photo by Pau BARRENA / AFP)

Colombian superstar Shakira will pay millions of euros in fines as part of a settlement announced Monday with Spanish prosecutors to settle her tax fraud case and avoid trial.

Under the deal, announced at the start of what would have been the trial of the 46-year-old singer, Shakira agreed to receive a three-year suspended sentence and to pay 7.3 million euros ($7.98 million) in fines.

Prosecutors had accused the superstar of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014, charges Shakira had denied, saying she only moved to Spain full time in 2015.

The singer, who wore a pink suit and sunglasses, did not speak to the throng of reporters as she entered and left the Barcelona courthouse, but in a statement she said she had agreed to settle for the sake of her two sons,  Milan and Sasha.

“I need to move past the stress and emotional toll of the last several years and focus on the things I love – my kids and all the opportunities to come in my career, including my upcoming world tour and my new album,” she said in the statement issued by her lawyers.

“I admire tremendously those who have fought these injustices to the end, but for me, today, winning is getting my time back for my kids and my career.”

The case centred on how much time the singer, whose hit singles include “Whenever, Wherever” and the 2010 World Cup song “Waka Waka”, spent in Spain between 2012 and 2014.

Spanish authorities alleged Shakira Isabel Mebarak Ripoll — dubbed the Queen of Latin Pop — spent more than half of that period in Spain and therefore should have paid taxes in the country.

They say she moved to Spain after her relationship with former FC Barcelona star defender Gerard Pique became public in 2011, but maintained official tax residency in the Bahamas until 2015.

Shakira’s lawyers argued that until 2014, she was leading a “nomadic life” and earned most of her money from international tours, and that she moved permanently to Barcelona just before the birth of her second son in January 2015.

The diva announced her split from Pique in June 2022 after a decade-long relationship, ending what had been one of the world’s most famous celebrity couples. She moved to Miami in April with their two sons, Milan and Sasha.

Her trial had been expected to run until December 14, with the court scheduled to hear from nearly 120 witnesses.

Spanish prosecutors had interviewed her neighbours, tracked her images on social networks, checked payments at hairdressers and even the health clinic she attended during her pregnancy to bolster their accusations.

Questions about Shakira’s finances have been raised before.

The Latina superstar was named in one of the largest-ever leaks of financial documents in October 2021, known as the “Pandora Papers”, which revealed the wealth and tax avoidance strategies of the global rich, in her case relating to residence in the Bahamas.

Spain has in recent years cracked down on celebrities like football stars Lionel Messi and Cristiano Ronaldo for not paying their full due in taxes.

Both players were found guilty of evasion and received prison sentences that were waived for first-time offenders.

Shakira’s former partner Pique was himself convicted of tax fraud in 2016 and later ordered to pay the tax office 2.1 million euros.

The singer picked up three awards at the Latin Grammy Awards in Seville in southern Spain on Thursday, including for song of the year and best pop song for her collaboration with Argentine DJ Bizarrap on “Bzrp Music Sessions, Vol. 53”.

The track takes swipes at her former partner Pique and includes a reference to being left with a “debt to the tax office”. It has been played almost 1.5 billion times on Spotify and YouTube.

Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.

Related Stories
Chelsea player flies to Spain for reunion 24 hours after disappointing for Blues  11/27/2023 1:06:00 PM
Shakira pays €6.6m in another Spain tax fraud case  11/25/2023 6:55:00 AM
Shakira pays €6.6m in another Spain tax fraud case  11/25/2023 6:55:00 AM
This is Luis de la Fuente's Spain: Functional, lower-profile and with realistic expectations  11/20/2023 6:41:00 AM
Shakira To Go On Trial In Spain For Tax Fraud  11/19/2023 5:16:00 AM
Shakira To Go On Trial In Spain For Tax Fraud  11/19/2023 5:16:00 AM
Sergio Ramos presents Latin Grammy to Shakira over diss song for Pique  11/18/2023 8:15:00 PM
How Spanish media reacted to Arsenal keeper David Raya making his debut for Spain  11/17/2023 8:15:00 AM
Prince Edward scholar Maposa back from Spain trials  11/16/2023 11:22:00 PM
Spain Arrests 121 People After Giant Child Pornography Operation  11/11/2023 8:56:00 PM
Spain's unique focus on referees: VAR controversy, Negreira tension & Real Madrid TV  11/10/2023 2:26:00 PM
Spain World Cup Star Bonmati Wins 2023 Women''s Ballon d''Or  10/30/2023 11:30:00 PM
How the Soviet Union won Euro 1960: A 'WM' formation, Franco's Spain withdrawal and Lev Yashin  10/23/2023 5:32:00 AM
Juventus finds a replacement for Alex Sandro in Spain  10/21/2023 2:27:00 PM
“I''m irreplaceable” ''“ Actor Yul Edochie writes as first wife May vacations in Paris and Spain (video)  10/17/2023 2:19:00 PM
'Chances' of Tottenham duo leaving for Spain are 'growing', could facilitate bid for Chelsea star  10/17/2023 1:10:00 PM
Spain, Scotland And Turkey Qualify For Euro 2024  10/15/2023 11:41:00 PM
Miguel Galan: The man who first took on Luis Rubiales and Spain's football powers  10/13/2023 5:46:00 AM
Israel-Hamas War: Nigeria, Brazil, Spain, Others Evacuate Citizens  10/11/2023 11:40:00 PM
Huawei challenges Spain''s rule that could exclude it from 5G funding  10/10/2023 4:37:00 AM

Web Services Software Products Business Solutions Tech. Services Insight
© Plucom Technology Ltd.  Nigeria. All right reserved.