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Shakira reaches deal to settle Spain tax fraud case

Shakira on the red carpet CANNES^ FRANCE - JANUARY 22^ 2011 -
Shakira on the red carpet CANNES^ FRANCE - JANUARY 22^ 2011 -

The Associated Press reported that Colombian pop star Shakira reached a deal with Spanish prosecutors on the first day of her tax fraud trial in Barcelona, and will avoid prison time. Prosecutors were seeking a sentence of eight years and two months for Shakira plus a fine, but instead she will receive a three-year suspended sentence and a fine of 7.3 million euros ($8 million), plus an extra 432,000 euros ($472,000) in exchange for her suspended sentence.

Shakira said in a statement through her PR firm: “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. 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.”

Prosectors alleged that Shakira failed to pay the Spanish government more than 14.5 million euros (about $15.8 million) in taxes owed between 2012 and 2014.  In November 2022, Shakira’s defense team claimed she had not spent more than 60 days a year in Spain during the period in question (her official residence is in the Bahamas). Her public relations firm had said she had not only paid the Spanish government what she initially owed, but also an additional 3 million euros (about $3.2 million) in interest.

A separate investigation is still ongoing, in which Spanish state prosecutors have charged Shakira with evading 6.7 million euros (about $7.3 million) in tax on her 2018 income, via an offshore company in a tax haven.

Editorial credit: Frederic Legrand – COMEO / Shutterstock.com

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