![]() Per Business Insider, Shakira’s lawyer maintained that the tax sheltering was legal, telling a Spanish news site that the offshore firm “fulfills all legal requirements” and that “all of the corresponding information relative to this entity is public and transparent.” Two months later, judicial authorities in Spain announced Shakira was under investigation for tax evasion, with prosecutors officially leveling charges against her in December 2018 and demanding that she pay taxes in Spain on her worldwide income. In November 2017, the Paradise Papers revealed that Shakira had transferred €30 million in musical rights to an offshore firm on the island of Malta. Shakira’s team has called the charges a “smear campaign.” For her part, Shakira addressed the allegations in a recent Elle interview, calling them “false accusations.”īelow, everything to know about the case. The case picked up steam over the summer, after representatives for Shakira announced that the singer had decided to go to trial instead of accepting a deal offered by prosecutors to settle allegations that she defrauded Spain’s government, with the singer’s PR firm saying she “trusts her innocence and chooses to leave the issue in the hands of the law.” Per Reuters, a Spanish prosecutor sought an eight-year prison term as well a fine of over $23 million should Shakira be found guilty. Though Shakira and her ex, Spanish soccer player Gerard Pique, lived in Barcelona together for several years, the singer did not officially list Spain as her residence until 2015. Central to her case was the question of where she lived between 20: While the singer denied living in Spain during that time, officially listing her residence as the Bahamas, Spanish prosecutors insisted she was claiming the Bahamas for tax purposes (tax rates are significantly lower in the Bahamas, where Shakira bought a private island in 2011). Shakira categorically denied the prosecutors’ allegations. (The charges arrived nearly a year after Shakira was named in the 2017 Paradise Papers, a sprawling investigation into the ways the rich and famous legally hide money offshore). How did we get here, you ask? Back in 2018, Spanish prosecutors charged Shakira with tax evasion, alleging that the singer had failed to pay more than $16 million in taxes on income she earned between 20. Now, a Barcelona judge has approved her case to move to trial, where she will face six counts of tax fraud. In July, multiple outlets reported that Shakira - yes, Shakira - was facing jail time in Spain over allegations of tax fraud. ![]()
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