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Shakira Reveals Why She Settled Tax Fraud Case With Spanish Government
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11/20/2023
Shakira has settled her tax fraud case with the Spanish government to avoid a trial.
Category
😹
Fun
Transcript
Display full video transcript
00:00
As you all know, Shakira was accused of failing
00:01
to pay the Spanish government around 14.5 million euros
00:04
in taxes between 2012 and 2014,
00:07
which is the equivalent of about 15.8 million US dollars.
00:10
While Shakira has always maintained her innocence,
00:13
on the first day of her tax fraud case in Barcelona,
00:15
she is now making headlines for accepting a deal
00:17
with the Spanish government.
00:18
According to the Associated Press,
00:20
Shakira confirmed her acknowledgement of six counts
00:22
of failing to pay the Spanish government,
00:23
she received a suspended three-year sentence,
00:25
and she will pay a fine of seven million euros.
00:28
Shakira released a statement to E! News
00:29
praising her legal team and pointing out
00:31
that despite their best efforts,
00:32
the tax authorities in Spain pursued a case against her,
00:35
as they have with many professional athletes
00:36
and high-profile individuals.
00:38
Shakira continued saying, quote,
00:39
"While I was determined to defend my innocence in a trial
00:41
"that my lawyers were confident
00:43
"would have ruled in my favor,
00:44
"I've made the decision to finally resolve this matter
00:46
"with the best interest of my kids at heart,
00:48
"who do not want to see their mom
00:49
"sacrifice her personal well-being in this fight."
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