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mercoledì 26 marzo 2014

Prosecutor calls for Dolce & Gabbana to be acquitted in tax evasion case

In an unusual turn, a prosecutor in the Domenico Dolce and Stefano Gabbana tax evasion appeal has argued that the designers are 'not guilty as charged'



Prosecutors in the Italian fashion capital of Milan are calling for the overturning of the sentence which last year saw designers Domenico Dolce and Stefano Gabbana sentenced to 20 months in jail on tax charges.
In June 2013, the Dolce & Gabbana design duo were found guilty of evading around €400 million (£342 million) on a €1 billion business deal - the sale of their D&G and Dolce & Gabbana brands to a holding company in Luxembourg in 2004.
But Italian news agency AGI reports that on the first day of the appeal, the prosecution argued that Dolce and Gabbana were "not guilty as charged" of willfully failing to report company incomes.
Prosecutor Gaetano Santamaria also argued that if the conviction were upheld it would "run counter to common sense".
reading the article linked below, article posted on UK Telegraph website last 25 july 2013, Designers Domenico Dolce and Stefano Gabbana have said they are 'being crucified like thieves' and will go out of business if they are forced to pay a £300 million fine for tax evasion.
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