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Dolce & Gabbana May Go To Trial for Tax Evasion

Dolce & Gabbana May Go To Trial for Tax Evasion

>> Dolce & Gabbana's tax evasion saga continues. Though the designers have vehemently denied any wrongdoing, they may have to go to trial for the case which began in 2008 after they sold Dolce & Gabbana and D&G to their Luxembourg-based holding company in 2004. Milan-based prosecutor Laura Pedio confirmed today that Domenico Dolce and Stefano Gabbana have been indicted, although she couldn't speak to when the preliminary hearing would be. If the designers are found guilty, they would be personally liable for more than $1 billion in unpaid taxes and fines and could be assigned up to a three year prison sentence. It is unclear of they and their legal team plan to go to trial or negotiate out of court if the preliminary hearing judge decides to proceed. [WWD, WWD]

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