Home United States USA — Political Shakira Settles $15 Million Spanish Tax Fraud Battle to ‘Focus’ on Her...

Shakira Settles $15 Million Spanish Tax Fraud Battle to ‘Focus’ on Her Kids and Career

92
0
SHARE

Shakira has reached a settlement with the Spanish government regarding allegations that she failed to pay $15 million in taxes
Shakira has reached a settlement with Spanish prosecutors after being accused of failing to pay more than €14.5 million (which converts to about $15.8 million) in taxes between 2012 to 2014.
According to a Monday, November 20, report from AP News, Shakira, 46, reached a deal with the Spanish government to avoid jail time. When asked to acknowledge her six counts of tax fraud, the singer responded with “yes.”
Shakira will receive a suspended three-year sentence and must pay a fine of €7 million ($7.6 million), per AP News.
“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 in a statement on Monday. “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.

Continue reading...