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Shakira Reaches Deal to Avoid $15 Million Tax Fraud Trial in Spain

Colombian pop star Shakira on Monday reached a settlement with prosecutors to avoid a trial in Barcelona over charges she failed to pay 14.5 million euros ($15.7 million) in Spanish income tax between 2012 and 2014. As part of the deal, she accepted the charges and a fine of 50% of the amount owed, more than 7.3 million euros. She also accepted another fine of 438,000 euros to avoid a three-year prison sentence, the judge said during the trial's first hearing.

Shakira deal avoids $24 million Spanish tax fraud trial

Shakira deal avoids $24 million Spanish tax fraud trial
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