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Dolce And Gabbana Jailed Over Tax Evasion

An Italian court on Wednesday sentenced fashion house duo Dolce and Gabbana to one year and eight months in prison for tax evasion of around one billion euros ($1.33 billion), according to media reports.

Domenico Dolce and Stefano Gabbana were found guilty of having transferred control of their brands to a shell company in Luxembourg in 2004 and 2005 to avoid paying Italian taxes.

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