Shakira reaches an agreement with Spanish authorities regarding her tax evasion case. Glad to see this matter resolved.

Colombian superstar Shakira settled her tax evasion suit with the Spanish authorities on Monday, avoiding a trial that was due to start that day. The Grammy-winning singer admitted the charges against her and agreed to pay the amount owed in full and an additional fine, according to a statement released by the Barcelona prosecutor’s office on Monday afternoon.

Colombian singer Shakira (2nd-L) arrives with her lawyer Pau Molins (L) at the High Court of Justice of Catalonia for her trial on tax fraud, in Barcelona on November 20, 2023. Colombian superstar Shakira goes on trial in Barcelona today in a tax fraud case, with Spanish prosecutors seeking a jail term of over eight years for the Grammy-winning singer. They accuse the 46-year-old of defrauding the Spanish state of 14.5 million euros ($15.7 million) on income earned between 2012 and 2014, charges denied by the singer who says she only moved to Spain full time in 2015. (PH๏τo by Pau BARRENA / AFP) (PH๏τo by PAU BARRENA/AFP via Getty Images)

Prosecutors had asked for a sentence of more than eight years in prison if Shakira were convicted on all six counts of tax fraud. But the settlement said that, instead of prison, she would pay additional fines of about $437 a day for a three-year sentence, or just over $470,000.

Shakira reaches deal to settle Spain tax fraud case | ABS-CBN News

Monday’s court proceedings lasted about 10 minutes, during which time the judge announced a last-minute agreement submitted by all parties to avoid trial. Shakira was asked by the judge if she was aware of the deal and the latest fines agreed, to which the singer responded “yes.”

Shakira reaches $15.7m deal to settle Spain tax fraud case - Vanguard News

Shakira said in a statement that she “was ready to face trial and defend my innocence,” but came “to the conclusion that it is not a triumph to win if the price is that (they) steal so many years of life.”

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