Domenico Dolce and Stefano Gabbana were accused of having transferred control of their brands to a shell company in Luxembourg in 2004 and 2005 to avoid paying Italian taxes.Well, perhaps they'll come up with a new and chic line of prisonwear: More
Prosecutors had argued that setting up the Luxembourg company Gado -- an acronym of the surnames of the two designers -- while the company was operating out of Italy was a bid to defraud the state.
In her closing speech, prosecutor Laura Pedio said there was "rock-solid proof" that the duo had committed "sophisticated tax fraud".
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Friday, June 21, 2013
Dolce and Gabbana Sentenced to Jail
Tis
more serious than the fashion police! Fashion designers Dolce and
Gabbana have just been found guilty of tax evasion by an Italian court
and sentenced to more than a year in jail:
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