Spanish pop singer Shakira acquitted of tax fraud, court orders Spain to hand back $70 million

Good news! Soak the rich by the socialist Spanish government failed?

"Summary

• Spanish High Court acquits Shakira in 2011 case on appeal
• Court orders Treasury to reimburse her with $70 million, including interest
• Tax agency will appeal ruling, no repayment until appeal ends

Spain's High Court has acquitted ‌Colombian pop star Shakira of tax fraud and overturned the 55 million euro ($64 million) fine imposed in 2021 by the Spanish tax agency, according to a court document seen by Reuters on Monday.

Acting on an appeal ​by the "Hips Don't Lie" singer, the court ordered the Treasury to reimburse her with ​over 60 million euros ($70 million), including interest, Shakira's defence said.

The judge ruled ⁠that authorities had failed to prove that Shakira spent more than 183 days in Spain ​in 2011, as required by Spanish law to be considered a tax resident in the country. ​It does not affect tax years after 2011. ..."

Shakira acquitted of tax fraud, court orders Spain to hand back $70 million | Reuters

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Shakira (Source)