Shakira wins tax battle in court over Pandora paper leak

Shakira will be repaid by Spain’s finance ministry following a court order over the singer’s tax dispute with the country’s authorities.

News of the court order comes as the Colombian star’s separate criminal proceedings in Spain over a tax dispute worth 14.5 million euros ($16.8 million) continue.

While it hasn’t been specified how much compensation Shakira will receive or when a ruling will be made, a representative for the star told Weekly newspaper She will be reimbursed “a series of surcharges wrongly charged by the tax office”.

“In light of the disagreement over the tax, Shakira’s defence has filed a supplementary statement, which has been resolved by the court, ruling in her favour and asking the tax office to refund the amount she was forced to pay unfairly,” a Statement shared and Weekly newspaper.

“Shakira’s legal team reiterates its full confidence in the justice system. This is an example of the fact that courts tend to violate government standards and even strike down erroneous settlements more often than they seem. Tax authorities.”

The development comes as it has been revealed that Shakira – whose full name is Shakira Isabel Maybarak Ripoll – is one of the celebrities named in the Pandora Papers Leak.

The documents, obtained by the International Consortium of Investigative Journalists (ICIJ), contain 12 million documents detailing how hundreds of ultra-rich use offshore accounts to build wealth and trade.

After an 18-month investigation, the ICIJ report uncovered the financial dealings of 35 current and former world leaders and more than 330 politicians and public officials.

While Shakira has appeared in The Pandora Papers alongside celebrities such as Elton John, Claudia Schiffer and Ringo Starr, the singer’s reps insisted she didn’t have any unpleasant activities.

Shakira attends her album release party on March 24, 2014 at the iHeartRadio Theater in Burbank, CA. A Spanish court has ruled in Shakira’s favor in the tax dispute.
Jason Laveris/FilmMagic

The statement shared with Newsweek continued: “[R]About recently released information six people and national newspaper Regarding the Pandora paper, Shakira’s team of legal and tax advisors categorically denied that the company in question was founded in 2019.

“These companies were established between 2001 and 2009 at the latest, long before Shakira became a resident of Spain, according to the applicable law.

“All these companies are officially declared by Shakira to the Spanish tax authorities through wealth and personal income tax. Therefore, they are fully transparent companies.

“At the time, they were set up for a specific operational purpose. Today, they have no revenue or activity, in fact, they are in the process of being liquidated.”

Back in July, it was revealed that a judge in Spain had recommended she stand trial for tax evasion in the country.

Prosecutors accused Shakira of avoiding paying 14.5 million euros in taxes between 2012 and 2014, despite her alleged tax residency in Spain.

“Shakira Isabel Mebarak Ripoll stopped paying taxes in Spain during 2012, 2013 and 2014, despite her obligation to do so because her tax residence is here,” Judge Jesús Juberías quoted national newspaper as described in court documents.

Responding to the allegations, Shakira said she had only visited Spain “occasional” over the years and was living in the Bahamas – where no income tax was paid.

Prosecutors claim the singer has been living in Barcelona due to his relationship with Barcelona football star Gerard Pique.

Representatives for Shakira have previously said the singer makes most of her income from international tours and lives in Spain for no more than six months a year.

“Shakira has been fulfilling her tax obligations in all the countries she has worked in, including between 2011 and 2014,” a statement on behalf of the star read. daily mail“She followed the advice and accurate advice of consultants, top professionals from one of the largest companies in the world.”

Shakira and Gerard Peake
FC Barcelona’s Gerard Pique and Shakira pose for a photo with the trophy after their victory in the Copa del Rey final against Atlético Club in Barcelona, ​​Spain, May 30, 2015. Shakira is still fighting allegations of evading paying millions of dollars in taxes in Spain.
David Ramos/Getty Images

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