Dolce&Gabbana Co Founder Of The Tax Evasion Case Was Acquitted

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The Xiaobian of the network tells you that the co founder of the Dolce&Gabbana tax evasion case was acquitted.

Recently, the Supreme Court of Italy announced that the defendant was not guilty on the case of Domenico Dolce and Stefano Gabbana tax evasion, the co-founder of the famous designer brand Dolce&Gabbana.

The Supreme Court of Cassation in Rome overturned the conviction of the two previous low court courts, and convicted two designers of innocence, while exempting their tax accountants, two managers and Dolce's brothers, and thus ended the seven year's muddled lawsuit. The reason for the Supreme Court's acquittal will be announced 90 days later.

Two place

He was accused of pferring trademark rights from Italy to Luxemburg's holding company Gado in 2004 to avoid tax, in order to escape the high tax burden imposed by the Italy Inland Revenue on Royalties of 1 billion euros - about 400 million euros.

Although Dolce & Gabbana had already moved Luxemburg company back to Italy in the early days of questioning, it was convicted in June 2013 by the local court. Two people were sentenced to 1 years and 8 months' imprisonment. Several other executives and financial executives of the company were sentenced to 2~2 and a half years.

However, according to experts,

Traditionally, the sentence in less than 2 years is actually a probation. The defendant does not need to go to prison until he breaks the law again.