Skip to main content

Italian designers Dolce&Gabbana sentenced to prison for tax evasion

By
Italian fashion designers Domenico Dolce and Stefano Gabbana, the men behind fashion power house, Dolce & Gabbana were today June 19th sentenced to one year and eight months in prison by an Italian court after being found guilty of tax evasion. They were also fined €500,000.
The multimillionaire designers were accused of hiding millions of euros from Italian tax authorities, charges they deny and have said they intend to appeal against any conviction.

Italian authorities are accusing them of moving their brand to a Luxembourg-based holding company Gado - in 2004, so they could avoid declaring taxes on royalties of about 1 billion euros.

The Italian authorities have been investigating the designers for about six years now and they were actually cleared of tax evasion/fraud charges at a previous trial in April 2011 but Italy's highest court overturned that ruling, ordering that the case be sent back to trial.

Their sentences have been suspended pending their appeal.

Comments

Post a Comment

Popular posts from this blog

Music: Wemzy - Intoxicated ft Mr Pen

By
Talented Award Winning Artiste; Wemzy Is Intoxicated By Sexy Ladies With Cocacola Shape 'Figure8' He teams Up with South South Fast Rising Singer Mr PEN; This is Simply Good Music; Rated 18+; Nice Rhythm $ Lyrics; Feel the Vibes ;   He hails from South West, Performed with the likes of Lace,W4, Reminisce and Oriste Femi; Still on his Grind ; he's Going into the industry Fully To take over soon by God's Grace. Kindly Download, listen and Share. Download Wemzy- Intoxicated
19 comments
Read more

PHOTOS: Comedian I Go Dye Building Multimillion Naira Castle

By
Popular comedian I Go Dye is indeed a Game Changer. The guy is now building his second mulitimillion naira mansion in Benin City. The building is actually a royal castle. Waoh! Check out more photos below...
Post a Comment
Read more

Mixtape: ClassiQ @ClassiQ_ – SARKI [FULL MIXTAPE ALBUM]

By
As the entire country reverberates with the excitement of today being Eid El Mubarak , the Hausa lyricist ClassiQ who’s been holding up the Olympic torch for his label Finesse Entertainment, has generously given us this gift to further spice up the celebration. The 16 track Mix-tape called SARKI, a Hausa word which means “King” is undoubtedly going to blow our minds away. The creativity on this project is unrivaled by any existing work in the industry. Furthermore, the beauty of the Nigerian languages and dialects have been fully illustrated without reservation of any sort therein. Classiq calls this a “scoop “; the proof of the pudding is in the eating. Happy Sallah to all Africans across the globe repping the black culture.Follow Classiq on twitter @Classiq_ . Download,listen & Enjoy . - See more at: http://naijacelebrity.com/2014/10/05/download-classiq-sarki-full-mixtape-album/#sthash.D3a2dDoP.dpuf As the entire country reverberates with the excitement of today ...
1 comment
Read more