It looks like Kering is about to settle its tax dispute in Italy. The luxury conglomerate is close to signing a deal with the Italian tax authorities, agreeing to pay between 1.3 billion and 1.4 billion euros (approximately 1.5-1.6 billion US dollars), according to Italian newspaper Il Sole 24 Ore and international news agency Reuters, both...
25 Apr 2019
Italian fashion giant Gucci on Monday said police raided its offices over suspected tax evasion, confirming a report in the Italian press. The Milan public prosecutor suspects the fashion house of declaring several years worth of Italian sales in Switzerland, thereby saving around 1.3 billion euros (1.5 billion USD) in domestic tax, La Stampa...
4 Dec 2017
Israel's most famous model Bar Refaeli was arrested and questioned for allegedly evading taxes on millions of dollars of income from abroad by lying about her residency, Israeli authorities said Thursday. Refaeli is also suspected of receiving benefits of "over a million shekels" (257,000 US dollars, 237,000 euros) in the form of free...
18 Dec 2015