Dolce And Gabbana Guilty: Designers Convicted Of Evading Taxes On $1.3 Billion In Income

A Milan court on Wednesday convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion.
They were found guilty of failing to declare 200 million euros ($268 million) through a Luxembourg company to authorities and given a one year and eight months suspended jail sentence. They were ordered to pay a penalty of 500,000 euros (about $670,000) to tax authorities.
The court, however, acquitted them of misrepresenting income of 416 million euros (around $560 million) each, even though the statute of limitations had expired on the charge.
The designers have denied the charges. Defense lawyer Massimo Dinoia pledged to appeal the ruling, saying the fact the court issued an acquittal on a charge that had expired, instead of just letting it fall to the statute of limitations, "means the proof of their innocence is evident."
Two years ago, a judge threw out a tax evasion and fraud case against the pair, whose label Dolce&Gabbana is a Milan fashion mainstay. Italy's high court later ruled the designers could be prosecuted for tax evasion, though not for fraud.
Three other defendants, including two managers, were also convicted in the scheme and given suspended sentences of one year and four months. A sixth defendant was acquitted.

Comments

DO YOU WANT TO BECOME A MASON IN NIGERIA

After all i have said about this fraternity if you are still interested in becoming a mason there are just simply ways in which you can do that, but inspite of my post i am neither encouraging nor discouraging you all i am doing is just to let you know more about this frat and there's more to come about those who have joined, the so called stars like jay-z, kanye west etc i guess its just 7 simple ways to join and off you go Are there things you want to accomplish in your life? Are there ways you want to enrich yourself? Do you enjoy being with people you like and respect? As a Freemason, you’ll find friendship and fraternity. You’ll develop life skills like self-confidence, leadership, and effective communication. You’ll learn to work as part of a team and to better yourself as you help others. Think about taking the first step into becoming a Mason. It is widely thought that one must be invited to become a Freemason or that Freemasonry is so exclusive as to be b...

13 Places You Should Visit In before the end of 2013

Wikimedia Commons It's more than halfway through 2013 and even though the summer is winding down, there's still plenty of time to book a trip to a great destination. We looked at major developments, cultural trends, and global festivals to find the hottest places to travel around the world in 2013. There are vast untouched landscapes that offer incredible outdoor experiences, cities that are experiencing a cultural rebirth, and up-and-coming destinations that offer great deals and few tourists. London, England Since Kate Middleton gave birth to Prince George Alexander Louis last week , England has been in the national spotlight, and is expecting a tourism boost. But that's not the only reason to visit the UK right now. The 2012 Summer Olympics in London came and went, but many of the buildings, restaurants, hotels and venues that sprouted up to accommodate the hundreds of thousands of visitors who came for the Olympics still stand. Several new building...

50 life lessons you can still learn now that your young.....

You’re stronger than you think you are. Mistakes teach you important lessons. Every time you make one, you’re one step closer to your goal. There is nothing to hold you back except you. You can press forward long after you can’t. It’s a matter of wanting it bad enough. No matter how much progress you make there will always be the people who insist that whatever you’re trying to do is impossible. You are limited only by your own imagination. Let it fly. Perception is reality. Your instincts can be trusted. There is only one question to ask yourself: “What would you do if you were not afraid?” It’s often hard to tell just how close you are to success. The only mistake that can truly hurt you is choosing to do nothing simply because you’re too scared to make a mistake. Never let success get to your head, and never let failure get to your heart. You have to fight through some bad days to earn the best days of your life. Life is 10% what happens to you and 90% how ...

HELLO

Search This Blog