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Shakira under investigation for alleged tax fraud

KISS | July 24, 2023

Colombian singer Shakira is under investigation by Spanish authorities for alleged tax fraud. The investigation centers on whether Shakira failed to declare her full income in Spain between 2012 and 2014, while she was residing in the country with her then-partner, Gerard Piqué.

The Spanish tax agency is reportedly looking into whether Shakira used a shell company in the Bahamas to hide income from her concerts and other earnings. The agency is also reportedly investigating whether Shakira failed to declare her full income from her music streaming royalties.

Shakira has denied any wrongdoing. She has said that she always paid her taxes in Spain and that she never used a shell company to hide income. She has also said that she is cooperating with the investigation.

If Shakira is found guilty of tax fraud, she could face a fine of up to 20% of the unpaid taxes, as well as a prison sentence of up to 6 years.

The investigation into Shakira is the latest in a series of high-profile tax cases involving Spanish celebrities. In recent years, Spanish authorities have investigated singers Julio Iglesias and Miguel Bosé, as well as actors Javier Bardem and Penélope Cruz.

The investigation into Shakira is a reminder that even the most famous and successful people are not immune to the law. It is also a reminder of the importance of paying taxes in the countries where you live and work

Written by KISS