Dolce and Gabbana face Jail for Tax Evasion

Luxury brand owners and brothers  Domenico Dolce and Stefno Gabbana have been accused by the Italian Tax authorities of hiding millions of cash from the government. The brothers who successful own the famous luxury brand have denied these allegations, however reports indicates that they are to be sentenced to 20 months.

Both brothers and representatives have refrained from making any comments, and are currently preparing for an appeal following their suspended sentence.

The investigation which began almost six years ago by the Italian government in attempt to tackle tax crimes, led to an unvailing of £833 million pounds tax evasion, following a suspicious transfer of the brand to a Luxembourg based holding company in 2004. Persecutors claim that the business was sold below the actual market value.

These allegations was cleared on a previous trail in 2011, but judgement was overruled by Italy's highest court, which ordered the case to be re-opened.