Sabato, 22 Settembre 2018

Dolce and Gabbana handed jail time for tax evasion


Milan, June 19 - International fashion designers
Domenico Dolce and Stefano Gabbana were sentenced Wednesday to
one year and 8 months in jail after being convicted of evading
taxes on almost one billion euros.
The two founders of the iconic fashion house were also
ordered to pay compensation to Italy's tax authorities.
Milan prosecutors had said that the creators of the
world-famous Dolce & Gabbana brand, with six others, evaded
taxes for several years after setting up the front company Gado
in Luxembourg.
"Gado was an artificial construction with the specific
function of obtaining tax benefits," prosecutors said.
It is likely that Dolce and Gabbana will appeal.

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