Karl Lagerfeld Accused Of Hiding $20 Million In Taxes From French Authorities!


Not another one!
Fashion designers and accusations of tax evasions go together like a Chanel suit and a pearl necklace. LOLz!
Karl Lagerfeld is the latest big-name couturier with the government on his heels with claims he’s withheld $21 million from them over the past six years.
Related: Karl Directs KStew In A Chanel Film
Uh-oh!
AP reports that Unkle Karl has been accused by French officials of using tax havens like the British Virgin Islands, Ireland, and Delaware (Delaware’s a tax haven?!) to hide up to $21.5 million.
The microscope is focused on Karl’s Studio 7L bookstore slash photo studio in Paris, which supposedly doesn’t make any money, hence not paying any taxes.
But authorities are definitely not buying that explanation!
We’ll keep you posted as this case unfolds.
[Image via WENN.]