DOLCE & GABBANA FOUNDERS SENTENCED TO JAIL... - Thursday 24th February 2011

DOLCE & GABBANA FOUNDERS SENTENCED TO JAIL Fashion designers DOMENICO DOLCE and STEFANO GABBANA have been sentenced to 20 months behind bars after they were convicted of tax evasion in Milan, Italy on Wednesday (19Jun13). Dolce and Gabbana were found guilty of failing to declare .3 billion in income to tax authorities. The fashion gurus were previously hit with a 40 million (£284 million) fine by Italy's Tax Commission following allegations they sold their company to a firm in Luxembourg in 2004 to avoid paying higher corporate taxes. The pair plans to file an appeal. (MC/WNWCPL/KL)** * DOLCE & GABBANA FOUNDERS SENTENCED TO JAIL Fashion designers DOMENICO DOLCE and STEFANO GABBANA have been sentenced to 20 months behind bars after they were convicted of tax evasion in Milan, Italy on Wednesday (19Jun13). Dolce and Gabbana were found guilty of failing to declare .3 billion in income to tax authorities. The fashion gurus were previously hit with a 40 million (£284 million) fine by Italy's Tax Commission following allegations they sold their company to a firm in Luxembourg in 2004 to avoid paying higher corporate taxes. The pair plans to file an appeal. (MC/WNWCPL/KL) Featuring: Domenico Dolce, Stefano Gabbana Where: Milano When: 24 Feb 2011 (1 image)

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