Home » Entertainment » Shakira’s Suspected Large-Scale Tax Evasion Funneled Through Netherlands: Bloomberg

Shakira’s Suspected Large-Scale Tax Evasion Funneled Through Netherlands: Bloomberg

CelebritiesThe suspected large-scale tax evasion of singer Shakira (46) was channeled through the Netherlands, according to Spanish justice. Shakira is said to have avoided 6.6 million euros in taxes through a network of companies, one of which is in the Dutch capital Amsterdam. That news was announced by Bloomberg.

A company on the Zuidas that also manages Shakira’s intellectual property rights is said to have been used to avoid her taxes. All seventeen companies that she allegedly used are located in places that are classified as tax havens. Think of Malta, the Virgin Islands, Panama and the Bahamas. In most cases, these involved companies with no real activities, purely intended to channel money.

The case concerns 2018, when Shakira gave more than 50 concerts in more than 20 countries with her El Dorado tour. She paid far too little tax on her income and Shakira is also said to have wrongly deducted items, such as trips on a private jet. The singer is being sued for 5.3 million euros in underpaid income tax and for more than 773,000 euros in unpaid wealth tax.

(read more below the video)

LOOK. Spain may prosecute Shakira for tax fraud.

Possibly eight years in prison

The indictment is in addition to the case that was already underway against Shakira for tax evasion between 2012 and 2014. During that period, the singer is said to have committed fraud amounting to 14.5 million euros, which has now given her a prison sentence of more than eight years and a fine of 23.7 million. euros hanging over your head. Because of this case, Shakira will be in court next month, after she rejected a deal because she says she did nothing wrong.

The Justice Department believes that during those years she spent a large part of her time in Spain with her then boyfriend, the Spanish former footballer Gerard Piqué, and therefore had to pay taxes in that country. She denies this and emphasizes that she officially lived in the Bahamas. In 2018, according to justice, she also had to pay taxes in Spain, wherever she earned her money.

Shakira, who now lives in Miami, has not been officially informed of the new charges, according to her spokesperson. Her legal team is busy preparing for the hearing in November.

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2023-09-29 18:24:17
#Largescale #tax #fraud #Shakira #ran #Netherlands

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