So much for a happy Easter!
After having a long, drawn out legal battle with Italy's Tax Commission, Dolce & Gabbana have been fined $440.2 million, plus interest, for evading taxes.
The latest ruling upholds the November 2011 sentence and denies the duo’s appeal of the case.
However, Domenico and Stefano can still avoid the fine if they decide to appeal, and since they've constantly denied the accusations, it's only a matter of time before they file paperwork.
But even if they do pony up the $440 million, their worries are far from over because Italy’s Internal Revenue Agency still has a claim against the designers that’s being dealt with in a Milan court.
In other words…to be continued forever and ever and ever.
[Image via WENN.]
Tags: dolce and gabbana, domenico dolce, fine, gado srl, internal revenue agency, italian tax commission, stefano gabbana