HomeCelebrityShakira Settles $15 Million Tax Fraud Case To Avoid Prison Sentence In...

Shakira Settles $15 Million Tax Fraud Case To Avoid Prison Sentence In Spain

Shakira has been embroiled in a tax fraud case for years. The Colombian pop star’s struggles seem to have increased in recent years. She separated from her long-time partner and the father of her two kids, Gerard Pique. What followed was his cheating scandal. Amidst all this, Shakira also faced possible jail time for income tax fraud.

On Monday, the pop star accepted the charges brought on by the Spanish government against her that she failed to pay 14.5 million euros ($15.8 million) tax between 2012 and 2014. She also reached a deal to settle the case.

YouTube video

Related: Shakira Rejects Super-Rich Tom Cruise And Lewis Hamilton, Allegedly Dating NBA Star Jimmy Butler

Shakira Reaches A Deal To Pay $7.6 Million Fine

Shakira
Shakira

Shakira was facing eight years and two months of prison sentence, as the prosecutors had shared in July that they would seek jail time along with a fine of 24 million euros ($26 million). However, the singer reached a deal to avoid the trial and agreed to pay a fine of half the amount she owed. The sum totals up to 7 million euros ($7.6 million).

She is also to receive a suspended three-year sentence. The ‘Hips Don’t Lie’ agreed to pay another 438,000 euros to dodge this bullet. Prosecutors, whose case hinged on the fact that Shakira lived in Spain during those years and should have paid taxes in Barcelona despite having the Bahamas as her official residence, were ready for the trial with more than 100 witnesses lined up over the next couple of weeks, but Shakira’s prompt settlement quashed all of it in just eight minutes.

In case you missed: “He Is So Over”: Video Of Gerard Pique Getting Silenced By Loud Shakira Chants At Madrid Nightclub Goes Viral

Shakira Reveals The Reason Behind Accepting The Charges

Shakira
Shakira

Shakira had been vehemently denying the charges brought against her. Spanish authorities also brought a second tax fraud investigation against her. In 2022, she sent a message through her Spanish public relations firm that she “believes in her innocence and chooses to leave the issue in the hands of the law.” However, now she responded yes to the charges read out by the judge.

Explaining her decision to settle, Shakira shared in a statement released by her agency, “This decision to reach a deal responds to personal, emotional and sentimental reasons that have nothing to do with legal (reasons).” So, even though the pop star was ready to try and prove her innocence in a long-drawn trial, she decided to avoid any risk it may pose to her career and kids.

I have reached the conclusion that winning is not a victory if the price is that they rob you of so many years of your life,” she added.

You might also like to read: Shakira’s New Single About Gerard Pique Breaks Guinness World Records

Rishita Roy Chowdhury
Rishita Roy Chowdhuryhttps://firstcuriosity.com
Rishita Roy Chowdhury is the Chief Editor at First Curiosity. She has always been fascinated with the power of words and the need to follow goings on of the world. She likes to spend most of her time contemplating her existence, and escaping reality by reading, writing, and watching movies and shows. So, she made a career out of it in 2017 when she joined ScoopWhoop and extensively wrote about pop culture. To gain more experience of hardcore news, she moved on to the print arena with The Sunday Guardian newspaper where she interviewed celebrities, musicians, sportsmen, authors, chefs, and more. Her love of all things art and culture also led her to review books, movies, series, and restaurants. She tested and expanded her skills by dabbling in the digital space with India Today’s entertainment team. There, she wrote thousands of articles on the world of glitz and glamour. Now, at First Curiosity, she constantly searches and writes stories that resonate with readers and spark their interest. She also manages a team of dedicated writers who share her vision to remain sane in a crazy world with doses of entertainment.

More from Author

Fantastic Beasts : The Secrets Of Dumbledore (Image: Warner Bros)

7 Reasons Why ‘Fantastic Beasts’ Failed

0
When 'Fantastic Beasts and Where to Find Them' was announced, it seemed like an exciting opportunity to delve deeper into the wizarding world by...
Luna Lovegood in 'Harry Potter' (Image: Warner Bros)

What Happened To Luna Lovegood After ‘Harry Potter’ Series Ended?

0
Luna Lovegood, the strange, bright, and bold Ravenclaw, stamped her own mark on fans' hearts in the 'Harry Potter' series. She was known for...
Jonathan Bailey In Bridgerton Season 2

Jonathan Bailey Feels Everyone Over The Age Of 40 Should Be “Forced” To Watch...

0
Jonathan Bailey, star of the 'Bridgerton' series, fueled a social media frenzy recently when he suggested that everyone over the age of 40 "should...
RELATED ARTICLES

Trending on FC