ROME (AFP) -Italian prosecutors have charged the fashion house Dolce & Gabbana of skipping to proclaim revenues of around 840 million euros (1.2 billion dollars), Italy's major business daily stated on Saturday.
Pollsters have ended their investigation against founders Domenico Dolce and Stefano Gabbana, as well as five other people, but no official indicts have yet been presented, Il Sole 24 Ore said, quoting prosecutors in Milan.
The claim is that Dolce and Gabbana made a company in Luxembourg in 2004 and 2005 which was given power of the fashion group's brands, thereby evading Italian taxes. The Luxembourg Company, Gado, was in reality opetated from Italy.
The owing taxes amount to 420 million euros, Il Messaggero daily stated.
Italy has been breaking behind on extensive tax evasion in latest months in an attempt to increase government revenues following the global financial crisis.
Dolce and Gabbana was put up in 1985 and occupies more than 3,000 people, with a network of 116 stores and 17 factory channels in 2009, the group's website said.
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