Daily Buzz: Dolce & Gabbana designers charged with tax evasion

Apr 01 2013 by
Categories : Fashion

Image courtesy of ImaxTree.com.

Domenico Dolce and Stefano Gabbana are being fined $440.2 million dollars for allegedly evading taxes. The fashion duo are accused by Italy’s Tax Commission of having moved the majority of their wealth to Luxembourg, a tax haven, in 2004. Dolce and Gabbana are denying their involvement in the scandal. And luckily, the designers each have net worths of over $1 billion as of January 2013 – that sure softens the blow! [
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Categories: Fashion