Colombian pop icon Shakira has reached a settlement with Spanish authorities in a long-running tax evasion case, avoiding the possibility of a lengthy prison sentence and hefty fines. Under the terms of the deal, Shakira will receive a three-year suspended sentence and pay a fine of 7.5 million euros (approximately $8 million). Shakira was accused…
Colombian pop icon Shakira has reached a settlement with Spanish authorities in a long-running tax evasion case, avoiding the possibility of a lengthy prison sentence and hefty fines.
Under the terms of the deal, Shakira will receive a three-year suspended sentence and pay a fine of 7.5 million euros (approximately $8 million).
Shakira was accused of failing to pay 14.5 million euros (approximately $15.8 million) in income taxes between 2012 and 2014, a charge she vehemently denied. This suspicion stemmed from her status in Spain during that period. Prosecutors argued that Shakira spent more than six months each year in Spain, making her a tax resident there, while her defense argued that she maintained her primary residence in the Bahamas. did.
Despite Shakira’s denials, if convicted she could face up to eight years in prison and a fine of up to $26 million. In a statement released after the settlement, Shakira expressed his desire to overcome the ordeal for the sake of his children.
“Although I have always maintained my innocence, I have decided to settle this case to protect my children from the stress of a lengthy legal battle,” she said. “I have always wanted to resolve this matter and have cooperated fully with the Spanish authorities, who have been fair and professional.”
Shakira’s reconciliation ends a saga that has clouded her career in recent years. The Grammy Award-winning singer, known for global hits such as “Hips Don’t Lie” and “Waka Waka (This Time for Africa),” is still in the Spanish capital despite her legal troubles. He has maintained a strong connection with his fan base.
With the tax evasion case resolved, Shakira is freed from the looming threat of prison time and huge fines, allowing her to focus on her music and other endeavors. Her resilience and her determination to overcome her challenges is an inspiration to many, and her music continues to resonate with audiences around the world.
Source: guardian.ng