Shakira Acquitted of Tax Fraud, Court Orders Spain to Hand Back $70 Million

Shakira Acquitted of Tax Fraud, Court Orders Spain to Hand Back $70 Million.
Shakira Acquitted of Tax Fraud, Court Orders Spain to Hand Back $70 Million

Shakira Acquitted of Tax Fraud, Court Orders Spain to Hand Back $70 Million Spain’s High Court has acquitted Colombian pop star Shakira of tax fraud, overturning a 55 million euro fine previously imposed by the Spanish tax agency. The court ruled that authorities could not prove Shakira met the 183-day residency requirement in Spain for the year 2011. Consequently, the court ordered the Treasury to reimburse her more than 60 million euros, including interest.

  • Spain’s High Court acquitted Shakira of tax fraud.
  • The court overturned a 55 million euro fine from 2021.
  • The Treasury must reimburse Shakira over 60 million euros with interest.
  • The ruling was based on authorities failing to prove Shakira’s residency in Spain for 2011.
  • This decision does not affect tax years after 2011.

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