- Crime and punishment May 2
A Milan tax court ruled in favor of Italy's tax authority, Agenzia delle Entrate, and found Domenico Dolce and Stefano Gabbana guilty of tax evasion. The pair appealed the decision a lower court reached last year, but the higher court didn't rule in their favor, either.
Dolce and Gabbana had been suspected of tax evasion for nearly 10 years and were charged with using a Luxembourg-based holding company, Gado, to avoid paying taxes on royalties of $1.38 billion, reports Reuters.
Both the designers, as well as their accountant Luciano Patelli, were sentenced to 18 months of jail time — the sentence was reduced from 20 months thanks to the statute of limitations on facts in the case. But luckily for them, Italy has a minimum two-year sentencing for jail time, so Dolce and Gabbana will likely serve their sentence through house arrest and community service rather than in jail cells.
The designers' lawyer says they plan to appeal the case again, though at this point it seems wiser for them to quit while they're behind.- -
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 10 things you need to know today: November 24, 2014
- Obama just kneecapped Jeb Bush and Chris Christie's 2016 prospects
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- What would it take for humans to build a settlement on Mars?
- 43 TV shows to watch in 2014
- It's official: The religious right is calling it quits
- Want to eliminate the scourge of frat culture? Lower the drinking age.
- The dangerously childish morality of liberal ObamaCare supporters
- 10 classic Sesame Street moments we wouldn't show today's kids
- How science is accelerating our search for alien life
Subscribe to the Week