ITALY-DOLCE AND GABBANA ACQUITTAL Italy court clears designers Dolce and Gabbana in tax evasion case

Record ID: 565616

  • Title: ITALY-DOLCE AND GABBANA ACQUITTAL Italy court clears designers Dolce and Gabbana in tax evasion case
  • Date: 24th October 2014
  • Summary: MILAN, ITALY (ORIGINALLY 4:3) (FILE - MARCH 2, 2009) (REUTERS) (CONTAINS FLASH PHOTOGRAPHY) VARIOUS OF DESIGNERS, DOMENICO DOLCE AND STEFANO GABBANA, POSING FOR PHOTOGRAPHERS WITH AMERICAN ACTRESS SCARLETT JOHANSSON
  • Embargoed: 8th November 2014 12:00
  • Keywords:
  • Location: Italy
  • Country: Italy
  • Topics: General
  • Reuters ID: LVAD1RPTCVIF2Q4092M2B0UQ9K4D
  • Story Text: Italy's top court cleared fashion designers Domenico Dolce and Stefano Gabbana on Friday (October 24) over charges of hiding hundreds of millions of euros from Italian tax authorities.
    Two lower courts had previously convicted the pair, who are as famous as the stars they dress, for allegedly using Luxembourg holding company Gado to avoid paying taxes on royalties of about 1 billion euros ($1.27 billion).
    In April, an appeals court gave a suspended sentence of 18 months in jail to the designers, who have always denied the charges.
  • Copyright Holder: FILE REUTERS (CAN SELL)
  • Copyright Notice: (c) Copyright Thomson Reuters 2014. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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