Shakira Tax Fraud: Shakira has been accused of tax evasion between the years 2012 and 2014. According to Quint’s report, Spanish authorities have claimed that Shakira spent more than half of her time in Spain between 2012 and 2014. Therefore he should have paid taxes in the country even though his official home is in the Bahamas.
Colombian pop singer Shakira is a global star. Singer has been in the news for a long time regarding her tax fraud case. Shakira had been maintaining her innocence in this case till now, but on Monday she agreed to the settlement. At the same time, Shakira will have to pay a huge amount of crores to the Spanish government, which she had been avoiding till now.
On Monday, Shakira was summoned to appear in a Barcelona court in a tax fraud case. During this time Singer agreed to a settlement with Spanish authorities.
What is the whole matter?
These allegations of tax evasion against Shakira are from 2012 to 2014. According to the Quint report, Spanish authorities have claimed that Shakira spent more than half of her time in Spain between 2012 and 2014. Therefore he should have paid taxes in the country, even though his official home is in the Bahamas.
What punishment did Shakira get?
Shakira and her legal team had been calling these allegations false till now, but on Monday the singer agreed to pay the fine. According to the agreement, Shakira has received a suspended prison sentence of 3 years and a fine of approximately 63 crore 73 lakh 15 thousand rupees (7 million euros).
Shakira’s troubles could have increased
Shakira has been asked by the Spanish court to pay a huge amount, but her troubles could have increased further because even harsher punishment was being demanded against the singer. In July, regarding this tax fraud case, Spanish government officials had said that they would demand a jail sentence of 8 years and 2 months and a fine of approximately 2 billion 18 crore rupees (24 million euros) against Shakira.
Had rejected the deal earlier
In July 2022, government officials offered Shakira a settlement, but she rejected it. Singer had said that he was innocent and he had left the decision in the hands of the law. Earlier, Shakira had also said that she had already paid all her dues. Apart from this, he also paid a separate interest of Rs 27 crore 33 lakh 18 thousand (3 million euros).