The Prague Post - Shakira reaches deal to settle Spain tax fraud case

EUR -
AED 4.27813
AFN 79.490421
ALL 97.344172
AMD 446.918649
ANG 2.08456
AOA 1068.080162
ARS 1544.761924
AUD 1.785697
AWG 2.099469
AZN 1.954076
BAM 1.956303
BBD 2.350004
BDT 141.406327
BGN 1.958261
BHD 0.43913
BIF 3470.491558
BMD 1.164754
BND 1.495684
BOB 8.042066
BRL 6.325894
BSD 1.163899
BTN 101.913181
BWP 15.659889
BYN 3.842687
BYR 22829.182744
BZD 2.337901
CAD 1.600262
CDF 3366.139716
CHF 0.941003
CLF 0.02874
CLP 1127.447633
CNY 8.364682
CNH 8.374082
COP 4713.935048
CRC 589.751505
CUC 1.164754
CUP 30.865987
CVE 110.293334
CZK 24.448169
DJF 207.254133
DKK 7.463117
DOP 71.07826
DZD 151.312394
EGP 56.535887
ERN 17.471313
ETB 161.501189
FJD 2.623958
FKP 0.867179
GBP 0.866985
GEL 3.139714
GGP 0.867179
GHS 12.279154
GIP 0.867179
GMD 84.441495
GNF 10092.592755
GTQ 8.930294
GYD 243.503601
HKD 9.143268
HNL 30.475829
HRK 7.538173
HTG 152.289123
HUF 395.842305
IDR 18938.961882
ILS 4.004547
IMP 0.867179
INR 102.052157
IQD 1524.691688
IRR 49065.272188
ISK 143.008172
JEP 0.867179
JMD 186.347872
JOD 0.825806
JPY 172.148325
KES 150.379902
KGS 101.857625
KHR 4662.157666
KMF 491.700758
KPW 1048.344712
KRW 1619.916486
KWD 0.355856
KYD 0.969962
KZT 628.971581
LAK 25181.469039
LBP 104283.089993
LKR 350.039924
LRD 233.361953
LSL 20.6301
LTL 3.439216
LVL 0.704548
LYD 6.310621
MAD 10.540008
MDL 19.540852
MGA 5136.319504
MKD 61.562084
MMK 2445.223791
MNT 4171.679452
MOP 9.410258
MRU 46.425927
MUR 52.891152
MVR 17.933406
MWK 2018.22714
MXN 21.66847
MYR 4.938882
MZN 74.498163
NAD 20.6301
NGN 1783.816782
NIO 42.831003
NOK 11.956027
NPR 163.06089
NZD 1.956107
OMR 0.447869
PAB 1.163899
PEN 4.119558
PGK 4.909261
PHP 66.260505
PKR 330.24924
PLN 4.251516
PYG 8717.239431
QAR 4.253993
RON 5.072269
RSD 117.160314
RUB 92.861232
RWF 1683.554181
SAR 4.371685
SBD 9.570862
SCR 17.167725
SDG 699.433271
SEK 11.178229
SGD 1.496919
SHP 0.915314
SLE 26.903458
SLL 24424.318248
SOS 665.165168
SRD 43.235288
STD 24108.060759
STN 24.506296
SVC 10.183616
SYP 15144.472521
SZL 20.622298
THB 37.707166
TJS 10.870639
TMT 4.088287
TND 3.413277
TOP 2.72797
TRY 47.394123
TTD 7.900165
TWD 34.790737
TZS 2894.414587
UAH 48.145768
UGX 4153.06691
USD 1.164754
UYU 46.701998
UZS 14657.765533
VES 149.959486
VND 30545.679463
VUV 140.164364
WST 3.103095
XAF 656.125557
XAG 0.030436
XAU 0.000344
XCD 3.147807
XCG 2.097639
XDR 0.815442
XOF 656.125557
XPF 119.331742
YER 280.065467
ZAR 20.634879
ZMK 10484.188458
ZMW 26.972929
ZWL 375.050384
  • CMSC

    0.1000

    23.06

    +0.43%

  • CMSD

    -0.0700

    23.45

    -0.3%

  • BCC

    -0.3300

    82.86

    -0.4%

  • SCS

    -0.0300

    15.97

    -0.19%

  • RBGPF

    -4.1600

    71.84

    -5.79%

  • AZN

    -0.6850

    73.37

    -0.93%

  • RIO

    0.9500

    61.72

    +1.54%

  • GSK

    0.2190

    37.799

    +0.58%

  • SCU

    0.0000

    12.72

    0%

  • RYCEF

    0.0100

    14.46

    +0.07%

  • JRI

    0.0100

    13.42

    +0.07%

  • BCE

    0.7250

    24.505

    +2.96%

  • RELX

    -0.9266

    48.13

    -1.93%

  • VOD

    0.1100

    11.37

    +0.97%

  • BTI

    0.2950

    56.985

    +0.52%

  • BP

    -0.1050

    34.085

    -0.31%

  • NGG

    -0.7910

    71.289

    -1.11%

Shakira reaches deal to settle Spain tax fraud case
Shakira reaches deal to settle Spain tax fraud case / Photo: Pau BARRENA - AFP

Shakira reaches deal to settle Spain tax fraud case

Colombian superstar Shakira will pay millions of euros in fines as part of a settlement announced Monday with Spanish prosecutors to settle her tax fraud case and avoid trial.

Text size:

Under the deal, announced at the start of what would have been the trial of the 46-year-old singer, Shakira agreed to receive a three-year suspended sentence and to pay 7.3 million euros ($7.98 million) in fines.

Prosecutors had accused the superstar of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014, charges Shakira had denied, saying she only moved to Spain full time in 2015.

The singer, who wore a pink suit and sunglasses, did not speak to the throng of reporters as he entered and left the Barcelona courthouse, but in a statement she said she had agreed to settle for the sake of her two sons, Milan and Sasha.

"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," she said in the statement issued by her lawyers.

"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."

The case centred on how much time the singer, whose hit singles include "Whenever, Wherever" and the 2010 World Cup song "Waka Waka", spent in Spain between 2012 and 2014.

Spanish authorities alleged Shakira Isabel Mebarak Ripoll -- dubbed the Queen of Latin Pop -- spent more than half of that period in Spain and therefore should have paid taxes in the country.

They say she moved to Spain after her relationship with former FC Barcelona star defender Gerard Pique became public in 2011, but maintained official tax residency in the Bahamas until 2015.

- 'Nomadic life' -

Shakira's lawyers argued that until 2014, she was leading a "nomadic life" and earned most of her money from international tours, and that she moved permanently to Barcelona just before the birth of her second son in January 2015.

The diva announced her split from Pique in June 2022 after a decade-long relationship, ending what had been one of the world's most famous celebrity couples. She moved to Miami in April with their two sons, Milan and Sasha.

Her trial had been expected to run until December 14, with the court scheduled to hear from nearly 120 witnesses.

Spanish prosecutors had interviewed her neighbours, tracked her images on social networks, checked payments at hairdressers and even the health clinic she attended during her pregnancy to bolster their accusations.

Questions about Shakira's finances have been raised before.

The Latina superstar was named in one of the largest-ever leaks of financial documents in October 2021, known as the "Pandora Papers", which revealed the wealth and tax avoidance strategies of the global rich, in her case relating to residence in the Bahamas.

- Latin Grammy winner -

Spain has in recent years cracked down on celebrities like football stars Lionel Messi and Cristiano Ronaldo for not paying their full due in taxes.

Both players were found guilty of evasion and received prison sentences that were waived for first-time offenders.

Shakira's former partner Pique was himself convicted of tax fraud in 2016 and later ordered to pay the tax office 2.1 million euros.

The singer picked up three awards at the Latin Grammy Awards in Seville in southern Spain on Thursday, including for song of the year and best pop song for her collaboration with Argentine DJ Bizarrap on "Bzrp Music Sessions, Vol. 53".

The track takes swipes at her former partner Pique and includes a reference to being left with a "debt to the tax office". It has been played almost 1.5 billion times on Spotify and YouTube.

P.Svatek--TPP