"Shakira's tax evasion crisis resolved: How she overcame the allegations"
  • Posted on

"Shakira's tax evasion crisis resolved: How she overcame the allegations"

Spanish courts have cleared Colombian singer Shakira of tax evasion charges as part of the long-running Pandora Papers investigation into celebrities accused of hiding assets in offshore companies to avoid paying taxes in Spain. The courts found that Shakira had committed tax violations in 2018 by failing to pay €6 million in taxes, but cleared her of fraud charges and ruled that her actions did not rise to the level of a criminal offense against tax authorities. Shakira's legal team welcomed the decision and said that while the current case was now over, her battle with tax authorities was not. The singer is still under investigation for tax offenses related to her income and assets from 2011 onwards, but this is an administrative case, not a criminal one. Shakira paid €6.6 million to the courts in August 2021 as part of a settlement, but faces another lawsuit related to allegations of tax evasion from 2012 to 2014, for which prosecutors have asked for an eight-year prison sentence and a €23.8 million fine. Shakira has denied the allegations and said that she was not permanently residing in Spain during the period in question. The Pandora Papers investigation has implicated many public figures, including footballers Lionel Messi and Cristiano Ronaldo, for tax evasion, but many have settled cases for large fines without completing prison sentences.



Latest News