Shakira owes $9.6m in second Spanish tax fraud case, prosecutor says

South Africa News News

Shakira owes $9.6m in second Spanish tax fraud case, prosecutor says
South Africa Latest News,South Africa Headlines
  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

MADRID — A Spanish prosecutor has lodged a second tax claim against Colombian singer Shakira, accusing her of defrauding the state of 6.6 million euros (S$9.5 million) in 2018, according to a request to the investigating court seen by Reuters on Tuesday (Sept 26). Known as the Queen of Latin Pop, Shakira has opted to go to trial in November...

MADRID — A Spanish prosecutor has lodged a second tax claim against Colombian singer Shakira, accusing her of defrauding the state of 6.6 million euros in 2018, according to a request to the investigating court seen by Reuters on Tuesday .

In the new case, the prosecutor alleges that in 2018, Shakira failed to declare profits of US$12.5 million from an advance payment for her El Dorado World Tour, among others. Prosecutors argue that she was resident in Spain and so required to tax all her worldwide revenues there, no matter where they were earned. Instead, they say, she diverted money to "companies domiciled in countries with low taxation and high opacity".

She is also accused of defrauding the state of 773,600 euros in wealth tax, resulting in a debt of 625,190 euros.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

asiaonecom /  🏆 10. in SG

South Africa Latest News, South Africa Headlines



Render Time: 2025-03-02 23:33:02