Dolce And Gabbana Convicted Of Tax Evasion, Sentenced To Jail

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Storied designer duo Domenico Dolce and Stefano Gabbana were found guilty of tax evasion on one of two counts, a Milan court ruled Wednesday afternoon.

The designers were each sentenced to one year and eight months behind bars for failing to declare $268 million to authorities, a decision reached after a three hour-long jury deliberation.  They were also ordered to cough up $670,000 to tax authorities.  The designers were cleared of the second count which dealt with the tax rate paid and valuation of all D&G assets.

Read more at http://www.philly.com/philly/blogs/style/Dolce-and-Gabbana-get-jail-time.html#jplQEaJuHylcU9Ar.99