Joaquín Sabina has to pay 2.5 million euros for a tax debt in Spain

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Joaquín Sabina has to pay 2.5 million euros for a tax debt in Spain

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Joaquín Sabina has lost a new battle for tax evasion. photo EFE

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Singer Joaquín Sabina has to pay 2.5 million euros to the Treasury (Spain’s tax office) after losing a lawsuit. The National Court of Madrid rejected the appeal that the singer had filed against a transaction of 2.5 million euros to be paid in taxes for the years 2008, 2009 and 2010 by way of copyright transferred to family businesses.

The court agreed with the Revenue Agency against the judicial appeal of the author of 19 days and 500 nights, which he had already advanced before the TAR.

Sabina was a partner or manager of three companies: Fine food, speakers and my girlfriends breadwith whom he managed his copyrights, properties in Madrid and Cadiz, a sailboat and old booksas is clear from the inventory collected in the sentence.

One of Joaquín Sabina's hidden passions: collecting old books.

One of Joaquín Sabina’s hidden passions: collecting old books.

In the three-year period covered by the tax audit, the three companies generated over 12 million euros in operating income. In his defense, Joaquín Sabina said he has no relationship with these companies.

Furthermore, this is the third statement that Sabina losessince at first instance he appealed to the Madrid Economic Administrative Court to appeal against this accusation.

He then turned to the Central Administrative Economic Court, and whose decision was identical to that imposed by the National High Court, where the Treasury has a favorable complaint and therefore the artist will not be exempt from paying this payment.

As follows?

This last sentence indicates that the artist “had sold his copyrights to the company ‘Ultramarinos Finos, Relatores y el Pan de mis Niñas'” with the aim of not receiving any economic income through this assignment.

Likewise, the songwriter declared more than 12.5 million euros during the three financial years investigated by the Treasury and that of the last fiscal year exceeds 7.5 million eurosa figure who caught the attention of the inspectors.

Sabina together with Joan Manuel Serrat on the successful tour that took them through Spain and Latin America.  Photo Martin Bonetto

Sabina together with Joan Manuel Serrat on the successful tour that took them through Spain and Latin America. Photo Martin Bonetto

For this reason, the benefits obtained by the artist were not justifiable, in relation to how the market was at that time, therefore, that of Úbeda took the opportunity to pay less taxas defended by the Treasury.

Likewise, according to the newspaper Villagethe sentence of the National Court maintains that “all these revenues have a direct relationship with the plaintiff, for billed services or for the collection of copyrightwith the professional activities in which the intervention of Joaquín Sabina constituted the essential element and the provision of the corresponding service (records, concerts, galas …) “.

The Supreme Court, last instance

At the moment, Joaquín Sabina has a bullet left in his room to avoid having to pay that millionaire sum to the Treasury, the Supreme Court.

Even the musician’s lawyers argue after this ruling that the Treasury inspection took longer than allowedas regulated by law or that the calculation system was also incorrect, but said allegations for the Treasury are “unbelievable”.

Joaquín Sabina "London model", when the musician earned his living playing "on the cap".

Joaquín Sabina “London model”, when the musician earned his living playing “on the cap”.

Source ANSA

CJL

Source: Clarin

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