Shakira To Pay €7.3m Euros To Settle Spain Fraud Case – Court

As part of a deal with Spanish prosecutors to avoid going on trial for tax fraud, Shakira, the leading Colombian athlete, will pay an over 7.3 million euro ($7.98 million) fine.

Shakira also consented to a three-year suspended sentence as part of the agreement, which was made public at the beginning of what would have been the singer’s trial.

“Reaches Deal”

Shakira agreed to a three-year suspended sentence and pay 7.3 million euros ($7.98 million) in fines as part of the agreement, which was made public at the beginning of what would have been the singer’s trial.

Shakira denied the accusations that the superstar had stolen 14.5 million euros ($15.7 million) from income earned between 2012 and 2014, claiming that she had only recently relocated to Spain permanently.

As he entered and exited the Barcelona courthouse, the singer, who was sporting a pink suit and sunglasses, said she had decided to settle for the benefit of her two sons, Milan and Sasha.

In a statement released by her attorneys, she stated that she needed to “move past the stress and emotional strain of the past few years and focus on the things I love—my kids, my future opportunities, including my upcoming world tour and my new album.”

I have the utmost respect for those who have persevered in the face of these injustices, but for me, winning today means regaining my time, my career, and my children.

The case focused on the singer’s visit to Spain between 2012 and 2014. Her hit singles, “Whenever, Wherever” and “Waka Waka,” from the 2010 World Cup, are examples of this.

Shakira Isabel Mebarak Ripoll, also known as the Queen of Latin Pop, allegedly spent more than half of that time in Spain and ought to have paid taxes there, according to Spanish authorities.

They claim that after her relationship with Gerard Pique, a former star player for FC Barcelona, was made public in 2011, she left the Bahamas but continued to hold official tax residency there until 2015.

“The nomadic way of life.”

According to Shakira’s attorneys, she lived a “nomadic life” up until 2014, made the majority of her money from international tours, and relocated permanently to Barcelona just before her second son was born in January 2015.

After a decade-long relationship, the diva announced her breakup with Pique in June 2022, putting an end to one of the most well-known celebrity couples in the world. With their two sons Milan and Sasha, she relocated to Miami in April.

Nearly 120 witnesses were scheduled to testify before the court on December 14 during her trial, which was anticipated to last until then.

In order to support their accusations, Spanish prosecutors questioned her neighbors, followed her social media accounts, looked up her hairdressers’ payments, and even visited the medical facility she frequented while pregnant.

Shakira’s financial situation has previously been questioned.

The “Pandora Papers,” which revealed the wealth and tax avoidance strategies of the world’s wealthy, in her case relating to residence in the Bahamas, named the Latina superstar in one of largest financial document leaks ever in October 2021.

Grammy winner and nbsp from Latin,

Lionel Messi and Cristiano Ronaldo, two football stars, have been penalized by Spain in recent years for failing to pay their taxes on time.

Both athletes received prison sentences that were waived for first-time offenders after being found guilty of evasion.

Pique, Shakira’s former partner, was later ordered to pay the tax office 2.1 million euros after being found guilty of tax fraud in 2016.

At the Latin Grammy Awards on Thursday in Seville, southern Spain, the singer won three prizes, including best pop song and song of the year for her work with DJ Bizarrap of “Bzrp Music Sessions, Vol. 53 . “

The song makes disparaging remarks about her ex-boyfriend Pique and mentions leaving her with a “debt to the tax office.” On Spotify and YouTube, it has been played nearly 1.5 billion times.

Source: Channels TV