The “Shakira tax fraud inquiry” has put the famous Colombian singer and songwriter in the spotlight as the government looks into her finances. Allegations of tax evasion and fraud have come to light, which has led to a closer look at how she manages her huge wealth and does business around the world.
This high-profile study has made people wonder about how well-known people pay their taxes and how well financial rules work. As Shakira’s legal team reacts to the accusations, the public and media are eagerly awaiting updates on the investigation, hoping to find out the truth about what’s going on with the popular singer.
Shakira Tax Fraud Inquiry
After a court near Barcelona announced on Thursday that it had decided to open an investigation into a second case of alleged tax fraud by the Colombian singer, pop diva Shakira is now in more legal trouble with Spain’s tax agency.
Shakira is already scheduled to go on trial at a later date for allegedly neglecting to pay taxes on revenue generated between 2012 and 2014 totaling €14.5 million ($13.9 million). The performer has vehemently denied any misconduct.
FOX 11 Los Angeles shared a post on Twitter:
Shakira could face up to 8 years in prison if convicted of tax fraud https://t.co/Ug7q9bdpdq
— FOX 11 Los Angeles (@FOXLA) July 20, 2023
Currently, a Spanish judge and state prosecutors have agreed to look into two potential instances of tax evasion by Shakira from 2018. The court said that it was unaware of the amount in dispute. A court in the nearby town of Esplugues de Llobregat is managing both cases.
The first lawsuit that will go to trial will depend on Shakira’s residence from 2012 to 2014. Although her official residency was in the Bahamas, Barcelona prosecutors claim that the Grammy winner spent more than half of that time in Spain and should have paid taxes there.
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In a statement released in Spanish, Shakira’s PR company, Llorente y Cuenca, said that the singer had “always acted in concordance with the law and on the advice of her financial advisers”.
The company claimed that Shakira, who currently resides in Miami, has not yet been informed of the second probe. According to the company, “[Shakira] is now focused on her artistic career in Miami and is calm and confident that she will receive a favorable resolution of her fiscal issues,”
Since she began dating the now-retired soccer player Gerard Pique, Shakira, whose full name is Shakira Isabel Mebarak Ripoll, has been associated with Spain. The two-parent family lived together in Barcelona for eleven years until calling it quits last year.
Over the past ten years, Spain has cracked down on soccer players who don’t pay their fair share of taxes, including Lionel Messi and Cristiano Ronaldo. Despite being found guilty of evasion, they were both spared prison time because of a rule that permits judges to suspend sentences for first-time offenders that are shorter than two years.