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2013 June 17

Dolce & Gabbana Verdict Expected Wednesday

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Stefano Gabbana, Domenico Dolce Stefano Gabbana, Domenico Dolce
Patrick McMullan
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(NEW YORK) Will Domenico Dolce and Stefano Gabbana be headed to the clinker soon? We hope not! A ruling in a tax evasion case leveled against the design duo is expected to be reached on Wednesday in the Italian courts. If convicted, they could face up to two-and-a-half years in prison. The designers have been accused of avoiding payment of $550 million in taxes to Italy by establishing shell companies (companies that exist without doing any business) in Luxembourg to which money was transfered that allowed them to circumvent paying the Italian taxes. Also facing a possible conviction is Dolce & Gabbana's accountant, Luciano Patelli, who faces a slightly harsher punishment of three years in prison for his supposed role in making the company's fiscal costs appear much less than they actually were. Whether or not the accussations hold true will ultimately be decided by judge, Antonella Brambilla this week.




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