5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Shakira stands trial in Spain for alleged tax fraud

by
November 20, 2023
in Stock
0
Shakira stands trial in Spain for alleged tax fraud













BARCELONA — Shakira is to stand trial in Barcelona on Monday to face charges that she failed to pay €14.5 million ($15.74 million) in Spanish income tax between 2012 and 2014.

The “Hips Don’t Lie” Colombian megastar, who also has a second tax fraud investigation pending with Spanish authorities, has vowed to fight what she called false accusations.Shakira says she had paid what the tax office said was owed before it filed a lawsuit, and insists she was not living in Spain during the period as her work led to a “nomadic life.”

She rejected a settlement offer from the prosecutor’s office to close the case and is expected to testify on Monday in the first of 12 hearings scheduled until Dec. 14.

The prosecutor’s office is seeking an up to eight-year prison term and to claim back the taxes it says she owes.

It alleges that Shakira spent more than half of each of the years in question in Spain and was therefore ordinarily resident in the country. It also says that a Barcelona property she bought in May 2012 served as a family home.

Shakira, 46, lived with former Barcelona and Spain soccer star Gerard Pique for 11 years and the couple have two children. The singer, whose full name is Shakira Isabel Mebarak Ripoll, moved to Miami after their separation.

Judge Jose Manuel del Amo Sanchez, who has handled other high-profile cases, will chair a panel of three judges who are set to hear more than 100 testimonies during the course of the trial.

Spanish authorities have pursued other major celebrities over tax evasion including soccer players such as Portugal’s Cristiano Ronaldo, Argentina’s Lionel Messi, and Brazilian-Spanish player Diego Costa. All settled and paid large fines.

However, Spain’s Supreme Court last month upheld the acquittal of Bayer Leverkusen coach Xabi Alonso in another tax case. Alonso had refused to settle and eventually won at trial. — Reuters

RELATED ARTICLESMORE FROM AUTHOR



MORE STORIES


Previous Post

Japan’s teamLab readies renewed digital museum in Tokyo mega complex

Next Post

Spain’s Acciona eyes opportunities in building PHL desalination plants

Next Post
Spain’s Acciona eyes opportunities in building PHL desalination plants

Spain’s Acciona eyes opportunities in building PHL desalination plants

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    FDI net inflows drop to $529M in Feb.

    FDI net inflows drop to $529M in Feb.

    May 12, 2025
    Over 14,000 MW of new power projects set to go online by 2030

    Over 14,000 MW of new power projects set to go online by 2030

    May 12, 2025
    Demand for domestic debt issuances likely to rise

    Demand for domestic debt issuances likely to rise

    May 12, 2025
    PHL construction industry’s modernization to boost resilience amid trade uncertainties

    PHL construction industry’s modernization to boost resilience amid trade uncertainties

    May 12, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.