Italy’s top court has cleared fashion designers Domenico Dolce and Stefano Gabbana over charges of hiding hundreds of millions of euros from Italian tax authorities.
Domenico Dolce and Stefano Gabbana have been found guilty of tax evasion and sentenced to one year and six months in jail by an Italian appeals court.
MILAN, Italy — Gaetano Ruta, the prosecutor representing the Italian government in tax evasion proceedings concerning Domenico Dolce and Stefano Gabbana, has called for prison sentences of two-and-a-half years each to be awarded to the duo at the designers' sentencing hearing.
MILAN, Italy — Italy's Tax Commission has fined fashion designers Domenico Dolce and Stefano Gabbana 343.4 million euros ($441 million) for tax evasion. The decision confirmed to Reuters by Italy's tax agency on Tuesday relates to payments the agency says should have been made when the designers sold their D&G and Dolce & Gabbana brands to their own Luxembourg-based holding company GADO in 2004.
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