Connect with us

Hi, what are you looking for?

News

Shakira stands trial in Spain for alleged tax fraud













BARCELONA — Shakira is to stand trial in Barcelona on Monday to face charges that she failed to pay €14.5 million ($15.74 million) in Spanish income tax between 2012 and 2014.

The “Hips Don’t Lie” Colombian megastar, who also has a second tax fraud investigation pending with Spanish authorities, has vowed to fight what she called false accusations.Shakira says she had paid what the tax office said was owed before it filed a lawsuit, and insists she was not living in Spain during the period as her work led to a “nomadic life.”

She rejected a settlement offer from the prosecutor’s office to close the case and is expected to testify on Monday in the first of 12 hearings scheduled until Dec. 14.

The prosecutor’s office is seeking an up to eight-year prison term and to claim back the taxes it says she owes.

It alleges that Shakira spent more than half of each of the years in question in Spain and was therefore ordinarily resident in the country. It also says that a Barcelona property she bought in May 2012 served as a family home.

Shakira, 46, lived with former Barcelona and Spain soccer star Gerard Pique for 11 years and the couple have two children. The singer, whose full name is Shakira Isabel Mebarak Ripoll, moved to Miami after their separation.

Judge Jose Manuel del Amo Sanchez, who has handled other high-profile cases, will chair a panel of three judges who are set to hear more than 100 testimonies during the course of the trial.

Spanish authorities have pursued other major celebrities over tax evasion including soccer players such as Portugal’s Cristiano Ronaldo, Argentina’s Lionel Messi, and Brazilian-Spanish player Diego Costa. All settled and paid large fines.

However, Spain’s Supreme Court last month upheld the acquittal of Bayer Leverkusen coach Xabi Alonso in another tax case. Alonso had refused to settle and eventually won at trial. — Reuters




Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Editor’s Pick

<?xml encoding=”utf-8″ ?????????> When Mark Sinjakli, took over My Baker it was a platform of 80 bakers, mostly London and Birmingham. Today is has...

Editor’s Pick

<?xml encoding=”utf-8″ ?????????> Retail scams across the UK are threatening the entrepreneurial spirit of the nation, according to new research out today which reveals...

Editor’s Pick

<?xml encoding=”utf-8″ ?????????> The pay inflation that the UK’s workforce has experienced over the last year may have peaked, with economists predicting a stagnant...

News

The Philippines is considered one of the countries that is most...

News

PHOTO FROM MACROVECTOR/FREEPIK By Keisha B. Ta-asan, Reporter DIGITAL BANKS in...

News

REUTERS PHILIPPINE GOODS and service exports are likely to grow by...

You May Also Like

Financial Advisors

[#item_full_content]

Financial Advisors

[#item_full_content]

Financial Advisors

[#item_full_content]

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.