A spokesperson for Italy’s excise and revenue police confirmed yesterday that it had recommended the designers be charged with tax evasion and abuse of rights – and that they should be fined €800 million. The allegations levelled at the designers surround the sale of the Dolce & Gabbana and D&G brands to the designers’ Luxembourg-based holding company Gado Srl.
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Peter Mehit is co-founder and Managing Partner of Custom Business Planning and Solutions, a business consulting firm that provides problem solving, planning and process help. He has worked from private equity to the Fortune 100 at all stages.
He can be reached at pmehit@wbpllc.com or at 800-741-8444.
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