Dolce & Gabbana in Tax Trouble
Posted Wednesday April 30, 2014 1:30 PM GMT
They’ve been fighting charges of tax evasion for years and earlier today (April 30) Domenico Dolce and Stefano Gabbana were found guilty by a three-judge panel after only six hours of deliberations.
The popular Italian designers, along with accountant Luciano Patelli, were sentenced to 18 months in prison, according to a report by WWD, though their attorney immediately declared they’d appeal the decision again, this time to the Italian Supreme Court.
Even if they are unsuccessful in their final appeal, Dolce and Gabbana won’t actually serve any jail time due to the Italian penal system’s policy for offenders sentenced to less than two years behind bars.
Back in 2008 the Italian police force began proceedings for charging D&G with tax evasion related to the 2004 sale of all holdings to a Luxembourg-based company in order to allegedly avoid higher corporate tax rates.