D&G bosses accused of tax fraud
November 22nd, 2010 - 10:52 pm ICT by IANSLos Angeles, Nov 22 (IANS) Executives at Italian fashion house Dolce & Gabbana are facing trial over allegations that the company has failed to pay more than a billion dollars in taxes.
Officials in Italy are investigating the style-firm, set up by Domenico Dolce and Stefano Gabbana in 1985, over accusations of tax evasion amounting to up to $1.4 billion, reports aceshowbiz.com.
Prosecutors said executives set up a company in Luxembourg which was given control of the group’s brands to allegedly avoid paying taxes.
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Tags: accusations, allegations, billion dollars, dolce gabbana, domenico dolce and stefano gabbana, fashion house, italian fashion, italy, luxembourg, paying taxes, prosecutors, tax evasion, tax fraud