May 23, 2024
Shakira

Shakira

On Monday, November 20, the pop sensation Shakira was scheduled to go on trial in Barcelona on allegations that she neglected to pay 14.5 million euros in income tax to Spain from 2012 to 2014.

The singer has now paid a €7.5 million (£6.5 million) fine. The prosecutors from Spain had sought an eight-year prison sentence and a fine of €23.8 million (£20.8 million) for her, but Shakira agreed to the charges in exchange for a fine equal to half of the total debt, in order to avoid prison time, the sum of money is more than €7.3 million.

Shakira stated in a statement issued by her Spanish communication agency, “This decision to reach a deal responds to personal, emotional, and sentimental reasons that have nothing to do with legal (reasons)” and she further added, “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.”

The 46-year-old singer claimed that her victory does not come from winning only and for this instance, winning will like to take away a major part of her time and years. Shakira now wants to only concentrate on her career and take care of her children. She also added she wants to avoid the things that have made her life harder for years. And she’s excited about her upcoming album and wants to focus on the positive aspects of her life.

What started the Dispute?

Per Spanish legislation, individuals who stay in the nation for longer than six months are deemed residents and are deemed eligible for tax purposes. The prosecution claimed she was evading taxes by staying in Spain but registering her official residence as somewhere else. Shakira refused those allegations, saying that she spent most of that time abroad and was not in Spain.

The singer also mentioned that the majority of her income came from her international tours, and since she was never in Spain at the time, it is obviously impossible for her to make up for the things that she was never in the vicinity of. However, in July, the prosecution presented a record of her living with her ex-husband, Barcelona football player Gerard Piqué, and that she had purchased a house in Barcelona in 2012 to live with her children and then-partner.

In order to find those who violate the law by not declaring their assets, income, or taxes, Spain has launched new initiatives. Tax reform legislation and the tracking of offshore wealth are examples of these actions.

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