Sunday, 19 May 2024
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In the second Spanish tax fraud case, Shakira owes $7 million, according to the prosecutor

  • A plea to the investigating court from a Spanish prosecutor accusing Colombian singer Shakira of cheating the state of 6.6 million euros.
  • Shakira is charged with cheating the government of $7 million in a second tax case.
  • Shakira should have paid taxes on all of her worldwide earnings as she was a resident of Spain.

On Tuesday, obtained a plea to the investigating court from a Spanish prosecutor accusing Colombian singer Shakira of cheating the state of 6.6 million euros ($7.0 million) in tax revenue in 2018.

Shakira, dubbed the “Queen of Latin Pop,” has chosen to go to trial in November in Barcelona on charges that she failed to pay 14.5 million euros in taxes between 2012 and 2014. If found guilty, she may spend up to eight years in prison.

Spanish tax fraud case

Shakira, a Colombian musician, is charged with cheating the government of $7 million in a second tax case brought by a Spanish prosecutor. The Queen of Latin Pop, Shakira, is scheduled to stand trial in Barcelona in November.

She allegedly neglected to disclose $12.5 million in revenues from an advance payment for her El Dorado World Tour in 2018, according to the prosecutor.

According to the prosecution, Shakira should have paid taxes on all of her worldwide earnings as she was a resident of Spain, but instead, she channeled money to businesses with headquarters in nations with high levels of tax transparency and low tax rates.

Shakira is accused of neglecting to pay 5.4 million euros in income tax, and after accounting for accumulated interest and voluntary payments, it is estimated that she still owes 6.0 million euros.

She is also charged with cheating the state of wealth tax in the amount of 773,600 euros, leaving a debt of 625,190 euros. Shakira is currently located in Miami, but her legal team has not been informed of the new case there.

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