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Topic: In The News
Submitted By: 1boss
Date Submitted: 06-19-13

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Dolce and Gabbana sentenced to jail for tax evasion
They were accused of hiding millions of euros from Italian tax authorities. The pair, whose customers have included Madonna, Kate Moss and Kylie Minogue, were not at the trial, deny the charges and have appealed. Dolce and Gabbana have not commented on their sentences, which have been suspended pending their appeal. The investigation by the Italian authorities began around six years ago as part of a government plan to crack down on tax avoidance. At the hearing on Wednesday, the judge ruled that the designers moved their brand to a Luxembourg-based holding company Gado - an anagram of their two surnames - in 2004.

See Full Story @ ...Dolce and Gabbana sentenced to jail for tax evasion

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