Shakira's tax fraud case goes to trial: Your questions answered
Shakira is facing six charges alleging she failed to pay taxes in Spain. Here's everything to know about the case, including potential prison time.
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Shakira is facing six charges alleging she failed to pay taxes in Spain. Here's everything to know about the case, including potential prison time.
Spanish prosecutors allege that Shakira failed to pay the government nearly $15 million in taxes between 2012 and 2014.
To embed, copy and paste the code into your website or blog: Today, the Tax Trotter is pleased to present an article by her international tax partner Douglas S. Stransky. This article is the first installment in the 2-part post focusing on the Adams Challenge case. In today's blog, we look at the most draconian tax rule in the world and examine whether the rule is valid. In addition, we examine a recent United States Tax Court case where the court upheld this draconian rule against a UK company, Adams Challenge (UK) Ltd. v. Commissioner, 154 T.C. 37 (2020). United States tax law subjects a f...