Fashion Law: Dolce & Gabbana and 5 Others in Court Over €416 million Tax Evasion

In Fashion Law by FASHIONENTLAW™

“Italy’s equivalent of the Supreme Court in Milan has overturned a judge’s decision from April this year not to proceed with a trial, and to dismiss accusations against Domenico Dolce, Stefano Gabbana and five other defendants over alleged tax evasion offences totaling €416 million.

Women’s Wear Daily reports that the decision has been taken in response to an appeal filed by Milan-based prosecutor Laura Pedio and that there will now be a new preliminary hearing in front of a new judge.

The designers are accused of setting up a holdings company in Luxembourg in 2004, called Grado Srl, to which they sold their D&G and Dolce & Gabbana brands in order to evade high Italian taxes. . .”

Fashion.Telegraph.Co.UK has the full story.

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As a legal practitioner, Ms. Uduak has seventeen years of experience counseling individuals and businesses within and outside the creative community. She has counseled designers, apparel manufacturers, models, photographers, retailers, graphic designers, musicians, public relations specialists, and athletes, among others, on diverse legal issues including business formation, licensing, trademark and copyright matters, contracts, intellectual property and contract disputes.

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