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  • Whew! Shakira Speaks After Agreeing To Pay Millions In Tax Fraud Case

    Whew! Shakira Speaks After Agreeing To Pay Millions In Tax Fraud Case

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    Shakira has agreed to pay millions to bring an end to her tax fraud case in Spain. The international star will avoid prison time despite Spanish prosecutors seeking eight years earlier in the case. Following Monday’s court proceedings in Barcelona, Shakira released a statement on her plea.

    Shakira, 46, says she wanted to prove her innocence but didn’t want to put her life on hold with the court proceedings. She’s maintained her innocence for about five years before this week’s guilty plea.

    “While I was determined to defend my innocence in a trial that my lawyers were confident would have ruled in my favor, I have made the decision to finally resolve this matter with the best interest of my kids at heart, who do not want to see their mom sacrifice her personal well-being in this fight,” Shakira said, per PEOPLE.

    In July 2022, news broke that Spanish authorities had been pursuing a tax fraud case against Shakira. After reportedly investigating her finances for five years, Spanish prosecutors alleged she hadn’t paid taxes between 2011-2014.

    She argued that she wasn’t residing in the country then and had paid $17.2 million euros in 2018. Still, prosecutors sought to collect over $26 million from Shakira and about eight years in prison.

    Shakira Was Ready To Put The Case Behind Her

    However, when the trial began on Monday, Shakira told the judge she had reached an agreement with prosecutors, per AP. She agreed to six counts of failing to pay the government 14.5 million euros (almost $16 million) between 2012 and 2014. Instead of serving prison time, she will get a suspended three-year sentence. Shakira has to hand over about $8 million in one fine, the unpaid taxes with interest, and $472,000 for the waived prison sentence.

    Shakira, though, is looking to put this case behind her. In her statement, she highlighted her time with her children. At the same time, the singer is also preparing to replace that chunk of change the Spanish government is taking. She’s going on a world tour in 2024.

    “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, both of which I am extremely excited about,” she added. “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.”

    Still, AP reports that the guilty plea is a permanent mark on her legal record, and Spanish prosecutors aren’t done with her yet. In a separate case, they’re accusing her of using an offshore company to avoid paying the taxes.

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    Cassandra S

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  • Shakira charged with tax evasion for 2nd time, accused of owing $9.5M – National | Globalnews.ca

    Shakira charged with tax evasion for 2nd time, accused of owing $9.5M – National | Globalnews.ca

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    Though it may seem like celebrities use their money Whenever, Wherever, the Spanish government has accused Shakira of concealing her income.

    Prosecutors in Barcelona on Tuesday announced new charges against the singer, who they claim failed to pay 6.7 million euros (over C$9.5 million) in taxes on her 2018 income.

    This is the second time the 46-year-old has been accused of tax evasion in Spain.

    According to The Associated Press, officials alleged Shakira used an offshore company based in a tax haven to dodge taxation in Spain. Prosecutors also claimed the Grammy-winning singer failed to declare millions of euros from advance payments she earned for her El Dorado World Tour in 2018.

    Shakira has not commented publicly on the new fiscal allegations against her. She was reportedly notified of the charges while in Miami, where she lives.

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    An investigation into Shakira’s financial reporting in Spain began in 2018. She was charged with tax evasion later that year and accused of skipping out on more than 14.5 million euros (about C$20 million) owed between 2012 and 2014.

    Prosecutors argued that since Shakira apparently spent more than half of the 2012 to 2014 period in Spain, she was required to pay taxes in the country, despite Spain not being her official residence.

    When she was first charged with tax evasion, Shakira’s representative said she’s “always acted in accordance with the law and under the advice of the best tax experts.”

    The new charges are part of a separate case that was opened in July 2023.

    The singer will face trial in November.

    Shakira has been linked to Spain since she started dating now-retired soccer player Gerard Pique. The couple, who have two children, lived together in Barcelona until last year, when they ended their 11-year relationship.

    Over the past decade, Spanish tax authorities have cracked down on soccer stars like Lionel Messi and Cristiano Ronaldo for not paying their full due in taxes. Those players were found guilty of tax evasion but avoided prison time thanks to a provision that allows a judge to waive sentences under two years in length for first-time offenders.

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    Click to play video: 'Spanish prosecutor files tax fraud lawsuit against Cristiano Ronaldo'


    Spanish prosecutor files tax fraud lawsuit against Cristiano Ronaldo


    — with files from The Associated Press

    &copy 2023 Global News, a division of Corus Entertainment Inc.

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    Sarah Do Couto

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