News

Multiple Investigations Surround Shakira’s Financial Affairs

Shakira's Tax Troubles: A Deep Dive into the Allegations

International pop sensation, Shakira, finds herself amidst a whirlwind of tax-related controversies in Spain. Recent reports indicate that a judge in Barcelona has initiated a second investigation into the Colombian singer’s alleged tax fraud activities.

Shakira, renowned for her chart-topping hits and dynamic performances, is already slated to face trial for purportedly evading taxes amounting to $16.2 million during the years 2012 to 2014. The heart of the matter revolves around the singer’s place of residence during these years. Spanish prosecutors argue that Shakira spent the majority of her time in Spain, making her liable for tax payments in the country. However, the singer’s defense claims her primary residence was in the Bahamas during this period.

Adding to the complexity, recent developments reveal another investigation focusing on potential tax fraud incidents in 2018. The exact amount in question remains undisclosed. Shakira’s representatives have been vocal about her stance, emphasizing her adherence to legal protocols and reliance on expert tax advice. They stated, “Shakira defends having always acted in compliance with the law and under the guidance of the best tax experts.” The singer’s focus remains on her artistic pursuits in Miami, and she remains optimistic about a favorable outcome concerning her tax matters.

Shakira’s connection to Spain deepened when she began her relationship with Gerard Piqué, the former FC Barcelona football defender. The couple, parents to two children, resided in Barcelona until their separation in June 2022. The judge presiding over Shakira’s case posits that she and a financial advisor utilized offshore companies to obscure her income sources during the contentious years.

Spain’s aggressive stance on tax evasion isn’t exclusive to Shakira. Over the past decade, other high-profile personalities, including soccer legends Lionel Messi and Cristiano Ronaldo, faced similar allegations. Both athletes were convicted of tax evasion but managed to evade prison sentences due to legal provisions favoring first-time offenders.

In the backdrop of these allegations, Shakira continues her artistic endeavors, with her representatives highlighting her commitment to legal compliance. As the legal proceedings unfold, fans worldwide await the outcome, hoping for a resolution that allows the pop star to continue enchanting audiences with her music.

Back to top button