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Shakira settles Spanish tax fraud case with €7.3m fine

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Colombian superstar Shakira has agreed to pay 7.3 million euros in fines and received a three-year suspended sentence as part of a settlement with Spanish prosecutors to settle her tax fraud case.

Shakira had been accused of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014. She had denied the charges, saying she only moved to Spain full time in 2015.

Under the deal, which was announced at the start of what would have been the singer’s trial, Shakira will not be required to go to jail.

The case centered on how much time Shakira spent in Spain between 2012 and 2014. Spanish authorities alleged that she spent more than half of that period in Spain and therefore should have paid taxes in the country.

Shakira has maintained that she maintained official tax residency in the Bahamas until 2015.

Her lawyers said in a statement that Shakira had agreed to settle the case for the sake of her two sons.

She is eager to move past this and focus on her career,” they said.

 

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