Dolce and Gabbana Heads Convicted of Tax Evasion

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dolce-and-gabbana-2010_356e4e4b985b570a14edff893704ce92_816Domenico Dolce and Stefano Gabbana, the men behind the Dolce&Gabbana brand, have been found guilty of tax evasion and sentenced to 20 months in jail. The Milan court just handed down the sentence Wednesday morning. Dolce and Gabbana failed to declare 1 billion ($1.3 billion in U.S. dollars) in income to authorities.

Both Domenico Dolce and Stefano Gabbana have been charged $441 Million for tax evasion. D&G the Sicilian inspired brand with gorgeous styles for both men and women, selling their brand D&G to their Luxembourg-based holding company GADO in 2004, allegedly maneuvering to avoid paying the high taxes in Italy.

D&G is a very popular and successful brand and they have denied the charges.

In addition to founding the fashion label which has become a celebrity favorite, Dolce and Gabbana also serve as the brand’s head designers. It’s unclear who will be in charge while the two are incarcerated.

Will you still support the brand?