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Men's fashion 728 by 90

Wednesday 19 June 2013

The Men Behind The Famous Dolce&Gabbana Are Sentenced To Jail

Yet another tax case...Italian fashion designers Domenico Dolce and Stefano Gabbana, the men behind the famous Dolce & Gabbana collection 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.

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

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