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Dolce & Gabbana found guilty of tax evasion

by Amber Cordery

posted in | Tags : , ,

Dolce & Gabbana learned their fate earlier this afternoon. The designers have been found guilty of tax evasion and will face a prison sentence for their crime.
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The three-judge panel today decided to uphold June 2013′s guilty verdict, seeing Dolce & Gabbana sentenced to 20 months in prison for allegedly committing tax evasion. After hours of consideration, the two designers have finally been sentenced to their prison time, although a spokesperson for the duo has so far not made a statement. The crime is, according to report, a result of the sale of their Dolce & Gabbana and D&G brands to Gado Srl, a Luxembourg holding company, in 2004.

Both Dolce & Gabbana have denied the charges from the get-go, quickly appealing the decision last year with their representatives. The designers’ lawyer filed a 90-page appeal against the conviction last year.

The designers are charged with avoiding taxes of around £350 million, which the lawsuit claims were being evaded with the help of Gado Srl who held the duo’s earnings. The appeal met an interesting twist in March when it was requested by the state general prosecutor that all defendants in the case be acquitted stating that the case was ‘groundless’. However, appeals have been overruled and the pair now find themselves guilty as charged.

Stefano Gabbana quoted earlier in the case…

I am interested in making clothes and that’s all. They can do and say what they want

- Gabbana

…and it seems that ‘they’ have!
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