Dolce & Gabbana Indicted on Tax Charges, Might go to Jail and Pay $1 Billion

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Domenico Dolce and Stefano Gabbana are in big trouble! The Italian designers have been indicted for trying to avoid paying taxes in Italy. The WHOA part of the story is that they allegedly owe $569 million EACH.

If the case actually goes to trial, and if they are found guilty, they can owe up to $1 billion dollars and even spend 3 years in jail. Who would send Dolce & Gabbana to jail? That’s just bullying!

I’m sure they will settle out of court because there is no way these two would spend any time in jail. Who is going to throw fabulous parties on their yacht? But then again will they be able to afford their fabulous yacht if they pay up $1 billion dollars. Why are they trying to ruin Dolce & Gabbana?!

"It's a paradox! Since when does one have to pay taxes on money one never actually collected," the designers said in a personal statement.. "It's an absurd demand based on a completely abstract calculation. This higher taxable sum is a virtual figure we have never received, the result of a theoretical accounting exercise."

Labels like Salvatore Ferragamo, Gianfranco Ferré, Roberto Cavalli, Versace, Krizia have all faced similar tax charges in Italy. Note to self: Don’t open a business in Italy!