Trial of Dolce and Gabbana for tax Fraud of 1.4 billion dollars

Italian prosecutors on Friday, November 19, requested the trial of Dolce and Gabbana well-known fashion house
for supposed tax hoax of more than one billion euros (1.4 billion dollars), ANSA news agency reported.
The appeal appeared from Laura Pedio, Milan prosecutor, it announced.
Reports previous month supposed researches had finished an investigation in initiators Domenico Dolce and Stefano Gabbana, as well as five other people.
‘Il Sole 24 Ore business daily’ reported before the company was unsuccessful to affirm 840 million euros in incomes.
The reported claim is that Dolce and Gabbana built a company in Luxembourg in 2004 and 2005 which was given power of the group’s brands, by this means preventing Italian levies.
The levies that are not paid sum to 420 million euros, one of the reports assumed.
Italy has been cracking down on wide-spread tax avoidance in current months in an attempt to increase  incomesof the
government within  the world economic crisis.
Dolce and Gabbana was founded in 1985 and charges more than 3,000 employees, with a network of 116 shops and 17 factory departments in 2009.

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