Shakira Faces New Tax Woes: £5.75 Million Accusation Amid Ongoing Legal Battle
- IndiaGlitz, [Wednesday,September 27 2023]
According to Spanish prosecutors, Shakira allegedly defrauded the Spanish Treasury with a sum total of £5.75 million, which now compounds her legal woes. The singer is set to face trial on November 20 over six counts of tax fraud from 2012 up to 2014. She faces new allegations regarding her tax returns for 2018.
The reports detail that the prosecutors are alleging Shakira failed to declare more than £13 million in income and falsely deducted around £5.5 million. Moreover, she's alleged to have used offshore tax haven companies for these purported tax breaches. This probe was started by a court near Barcelona and seeks to question Shakira via video link from her current US residence.
Shakira can face up to eight years' imprisonment if found guilty, as there were six counts of initially filed tax frauds. She has repeatedly denied any wrongdoing and intends to contest the allegations in court rather than make last-minute settlement proposals.
Her legal team said it was a surprise, given the fact she had not been sent formal notification of the prosecutor's complaint. They argued Shakira has at all times met her tax obligations and followed advice from top tax advisors.
This latest legal saga piles on to the ongoing war with Spain's Treasury over back taxes. Inspectors in Spain spent more than a year investigating her residency and taxation records before levying their indictment for six counts of alleged tax fraud. She denies any wrongdoing and adds that the Spanish Treasury used unacceptable methods that damaged her good name.
The tax trial is scheduled to take place between November 20 and December 14, 2023, and could have massive repercussions for the world-famous superstar.