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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