Dolce and Gabbana charged with tax evasion
Italian fashion designers of the mega brand Dolce&Gabbana have been sentenced to one year and eight months in jail each.
A Milan court has convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion.
The pair were found guilty today of failing to declare €1 billion (US$1.3 billion) in income to authorities.
Prosecutors argued that the pair had evaded taxes on income of €416 million each and €200 million through a Luxembourg-based company.
The statute of limitations ran out on a charge of misrepresenting income.
The designers have denied the charges.
Two years ago, a judge threw out a tax evasion and fraud case against the pair, whose label Dolce&Gabbana is a Milan fashion mainstay.
Italy's high court later ruled the designers could be prosecuted for tax evasion, though not for fraud.
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