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20.11.2023 - 18:29 / justjared.com
Shakira has settled out of court in her tax fraud case that was set to begin today (November 20), meaning she’s avoiding the risk of going to prison.
If you aren’t aware, Spanish authorities accused the 46-year-old “She Wolf” superstar of owing millions in unpaid taxes from between 2012 and 2014, which she had repeatedly denied. Specifically, prosecutors claim she failed to pay 14.5 million euros ($15.4 million) in taxes.
Now, Shakira has worked out a deal where she’s been given a suspended three-year sentence. She’s also being mandated to pay a fine in the equivilent of $7.6 million, NBC News reports.
With this deal, Shakira has also released a lengthy statement.
Keep reading to find out more…
“While I was determined to defend my innocence in a trial that my lawyers were confident would have ruled in my favor, I have made the decision to finally resolve this matter with the best interest of my kids at heart who do not want to see their mom sacrifice her personal well-being in this fight,” Shakira said, referring to her sons Milan, 9, and Sasha, 7 with ex Gerard Pique.
Her statement continued, “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, both of which I am extremely excited about. 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.”
“Throughout my career, I have always strived to do what’s right and set a positive example for others,” she added.
She said that Spanish authorities “pursued a case against me as they have against many professional athletes
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Shakira still has some major tax troubles to deal with in Spain!
Shakira has agreed to pay the Spanish Treasury an amount exceeding 7.64 million to settle her case and move on. However, her lawyer believes that if she had not fallen in love with Gerard Piqué, she would not have had to pay such a hefty sum.According to Pau Molins, Shakira’s 11-year romance with the former soccer player led her to face six tax fraud charges instead of three.
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Shakira has settled her tax fraud case with Spanish prosecutors on the same day her trial was due to begin. The singer, who denied any wrongdoing, has paid a €7 million ($7.6 million) fine.
Shakira assured during the Latin Grammys that she was ready to leave the past in the past and has now stepped into a brighter future after five years of a legal battle with Spain’s Treasury. The Colombian artist said she “felt ready to defend” her “innocence.” However, she still opted to prioritize her children’s wishes, who asked her to end this process: “They have lived through very hard times and I want them to see me happy,” the global sensation said, as informed by our sister magazine ¡Hola! Shakira and the Spanish Tax Agency reached a financial agreement on Monday, November 20th, to end the trial for alleged tax fraud.
Latin GRAMMY Awards, and for the first time in history, the prestigious award ceremony took place in Sevilla, Spain. The night was full of surprises, and epic performances, and it should come as no surprise that Shakira was one of the stand-out stars of the night.
Pop singer Shakira has struck a deal with Spanish prosecutors on what would have been the first day of her trial in Barcelona for tax fraud.