Showing posts with label Tax Evasion. Show all posts
Showing posts with label Tax Evasion. Show all posts

Tuesday

Shakira tax fraud court appearance brought forward to Thursday


Colombian superstar Shakira will be questioned in court in Spain over alleged tax evasion on Thursday, six days earlier than initially scheduled, a court said.

The hearing, which had been set for June 12, will now get underway on Thursday at a court in Esplugues de Llobregat near Barcelona where the singer lives with her partner, FC Barcelona footballer Gerard Pique, the high court of Catalonia said in a statement Monday.

The 42-year-old is suspected of not paying taxes in Spain despite being a resident between 2011 and 2014, according to prosecutors.

The case only covers the period from 2012 to 2014, however, as the timeframe to prosecute alleged tax offenses in 2011 has expired.

In a relationship since 2011 with Pique, with whom she has two sons, Shakira transferred her official residency to Spain in 2015.

Until then, it was in the Bahamas.


But a spokesman for prosecutors in Barcelona told Agence France-Presse last year that this did not “match reality” with her children and partner were in Barcelona.

Shakira’s representatives insist that until 2014 she earned most of her money in international tours and did not live more than six months a year in Spain — a prerequisite to be an official tax-paying resident in the country.

With her mix of Latin and Arabic rhythms and rock influences, Shakira is one of the biggest stars from Latin America, scoring major global hits with songs such as “Hips Don’t Lie” and “Whenever, Wherever”. RGA/JB

source: entertainment.inquirer.net

Saturday

Chaos as millions in India crowd banks to exchange currency


NEW DELHI—Long lines have grown longer, scuffles have broken out and chaotic scenes are being seen across India as millions of people wait to change old currency notes that have become worthless after the government demonetized high-value bills.

Angry scuffles broke out Saturday in New Delhi after ATM machines ran out of bills. Minor stampedes occurred in two places when thousands of people waiting in line surged forward to enter the building.

Paramilitary troops posted at banks in some of the most congested areas of the city walked among the crowd urging people to stay calm.

Earlier in the week, India’s government made a surprise announcement that all 500- and 1,000-rupee notes had no cash value in an effort to tackle corruption and tax evasion.

source: newsinfo.inquirer.net