Gucci confirms probe for tax evasion
Print Edition
ITALIAN fashion giant Gucci yesterday 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, and saving around 1.3 billion euros (US$1.5 billion) in domestic tax, La Stampa daily said.
The investigation is reportedly based on information from a former senior Gucci employee who has since left the company, which is part of French luxury group Kering.
La Stampa said financial police had spent at least three days searching Gucci’s new, ultra-modern Milan headquarters and also other offices.
“With respect to an article concerning an audit by the local tax police conducted at Gucci’s offices in Florence and Milan published in an Italian newspaper today, Gucci confirms that it is providing its full cooperation to the respective authorities and is confident about the correctness and transparency of its operations,” Gucci said in a statement.
Four years ago, fellow Italian fashion behemoth Prada had to pay 470 million euros to the Italian taxman after it declared a decade’s worth of home revenue abroad.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
