Shakira in bid to reclaim chunk of her multi­million-pound tax losses

27 June 2024 , 20:34
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If the 47-year-old wins her latest court battle, it will allow her to claw back millions
If the 47-year-old wins her latest court battle, it will allow her to claw back millions

SHAKIRA is set to make a bid to reclaim a chunk of the £50 million tax losses she has been forced to pay out.

The Colombian pop star lost the staggering fortune in a series of six tax “fraud” battles with authorities in Spain.

Pop star Shakira will try to reclaim some of her multi-million pound tax losses qhiqqxixdiqzeprw
Pop star Shakira will try to reclaim some of her multi-million pound tax lossesCredit: Getty
The Colombian star was forced to pay out after a series of legal battles in Spain
The Colombian star was forced to pay out after a series of legal battles in SpainCredit: Getty

The star, divorced from ex-Barcelona player Gerard Pique, is set for a final showdown with a date yet to be confirmed.

If the 47-year-old wins the latest court battle, it will allow her to claw back millions in tax payments.

The looming administrative case is connected to her earnings from 2011.

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The tax authorities argue she should have been treated as a Spanish tax resident at that time.

However her lawyer Miriam Company told the OffshoreAlert Marbella Conference: “Shakira only spent a maximum of 70 days in Spain that year - not even half the minimum to be considered a tax resident”.

In November - the latest of the tax hearings - Shakira reached a settlement with prosecutors to avoid a trial in Barcelona over charges she failed to pay £12.7m in Spanish income tax between 2012 and 2014.

As part of the deal, she accepted the charges and a fine of 50 per cent of the amount owed, more than £6.3m.

She also accepted a further fine of £300,000 to avoid a three-year prison sentence.

Richard Moriarty

Spain, The Sun Newspaper, Exclusives, Courts, Shakira

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