Shakira reaches deal to settle tax fraud case in Spain

Shakira reaches deal to settle tax fraud case in Spain

Colombian superstar Shakira will pay millions of euros in fines as part of a settlement with Spanish prosecutors to settle her tax fraud case and avoid trial. Prosecutors had accused the superstar of defrauding the Spanish state of around 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.

Under the deal, announced at the start of the 46-year-old singer’s trial, Shakira agreed to receive a three-year suspended sentence and to pay a fine of 7.33 million euros ($7.98 million) in unpaid taxes.

The Hips Don’t Lie singer will also pay a separate fine of 432,000 euros to have her jail sentence suspended, bringing the total amount she will have to pay to around 7.8 million euros

 

Snow