Shakira Tax Fraud Case
Shakira has been acquitted of tax fraud as Spain's High Court has ordered the Treasury to reimburse the Colombian singer with over 60 million euros ($69.8 million) in fines she had paid plus interest, according to a court document seen by Reuters on Monday.Spanish prosecutors had charged pop music star Shakira with tax evasion, alleging she failed to pay more than 14.5 million euros (USD 16.3 million) between 2012 and 2014. The charges published earlier in December allege Shakira listed the Bahamas as her official residence for tax purposes during those years but was in fact living in Spain with her partner, Spanish soccer player Gerard Pique.Prosecutors in Barcelona say her travel abroad was for short periods because of professional commitments, while most of the year she stayed in Spain. They want her to pay tax in Spain on her worldwide income.The Colombian singer officially moved to Spain for tax purposes in 2015, after having two children by Pique.Prosecutors in Barcelona say her travel abroad was for short periods because of professional commitments, while most of the year she stayed in Spain. They want her to pay tax in Spain on her worldwide income.The Colombian singer officially moved to Spain for tax purposes in 2015, after having two children by Pique.A magistrate will assess whether there is enough evidence to put Shakira on trial. Shakira's representatives said they had no immediate comment.Prosecutors want Shakira to pay a bond of 19.4 million euros - the amount they say she owes in tax, plus 33 per cent, in accordance with Spanish law. Otherwise, they recommend a court freeze of her assets to that amount.
