Business and Economics

Prada executives suspected of tax evasion

Fashion designer and head of one of the most famous fashion houses not only in Italy, but around the world, Miuccia Prada is accused by tax authorities of tax evasion, the American tabloid The Daily Mail claims.

However, official comments and statements from the granddaughter of the founder of the fashionable empire and the tax inspectorate of Italy have not yet been received, and the spokeswoman for Prada even claims that he did not hear anything about such problems of the company.

  • Read also: Prada brand story

The media, referring to reliable sources, claim that Miuccia Prada withdrew about $ 400 million by transferring a certain amount of assets abroad, namely to Amsterdam and Luxembourg. Accusations of tax evasion will be brought not only to the head of the legendary company, but also to her husband Patrizio Bertelli, who is also the executive director of Prada, as well as the chief accountant of the fashion empire, Marco Solomoni.

Earlier, the world-famous manufacturer of fashionable clothes and accessories completed a profit statement, disclosing all tax data, after which Miuccia promised that all the company's assets would be transferred to Italy. The fashion house paid more than 400 million euros to the tax inspectorate of the country to settle all matters and nuances.

However, this did not save the leaders of Prada: they nevertheless fell under investigation. The investigation against the head of the famous brand and her husband began only a few days ago, when an anonymous source contacted the tax service of Italy in order to reveal the whole truth.

Prada Fashion House is far from the first Italian company in this industry to face similar problems.

So, last year, the Italian tax service brought charges against the heads of another fashion giant - Dolce & Gabbana - Stefano Gabbana (Stefano Gabbana) and Domenico Dolce (Domenico Dolce).

Soon, the court ruled that the owners of one of the most influential brands of fashionable clothes evaded taxes and hid about one billion euros from the state treasury. Both designers were sentenced to almost two years in prison, and also to pay a fabulously huge fine.

The case of Dolce and Gabbana began about ten years ago, and since then it has been repeatedly suspended and closed. And only last year, the tax authorities once again carefully checked the documentation of the fashion empire and found that enterprising designers sold their two brands that are part of the company’s concern to some dummy company that was registered in taxpayer paradise - in Luxembourg. Moreover, the transaction amount seemed incredibly small to the tax service, which aroused suspicion.

Nevertheless, experts say that lovers of the fashion house did not react in any way to the litigation, in which well-known designers were involved.

The company did not suffer significant losses, which suggests that problems with the tax service will not affect the well-being of Prada.

Many buyers are well aware that large companies often evade taxes, so they do not attach much attention to such scandals.

Watch the video: 2018 Primary Elections Coverage. Arizona and Florida (May 2024).

Popular Posts

Category Business and Economics, Next Article

The Killing of Caesar, Before and After - Issue 1
Story

The Killing of Caesar, Before and After - Issue 1

44 year BC. The ruler of Dacia becomes a king with a sweet name Komosik, Cleopatra poisons Ptolemy XIV, Indo-Scythian kings conquer Gandhara. And in Rome, Mark Junius Brutus and Gaius Cassius Longin, with their associates, inflict 23 stab wounds on Guy Julius Caesar, dictator of the Roman Republic, which Caesar cannot survive.
Read More
Spartacus Rebellion - Issue 4
Story

Spartacus Rebellion - Issue 4

In the last issue, Spartak associates drove praetor armies in southern Italy and increased their numbers by freeing up slaves and recruiting a variety of outcasts, which were in short supply both in cities and on the highway. In the Senate, the gladiators were greatly offended and decided to raise rates by throwing two consuls with four legions on the table - about 30 thousand people.
Read More
Roman goddess Juno Coin
Story

Roman goddess Juno Coin

The goddess Juno (Giunone) - the character of ancient Roman mythology, the patroness of marriage, family, motherhood and the feminine. According to legend, Juno was seduced by her brother Jupiter, turning into a cuckoo, they got married and began to rule together. The right hand of the goddess was her sister Minerva - the goddess of wisdom and art.
Read More
Morals of Ancient Rome
Story

Morals of Ancient Rome

Works of literature, sculpture, applied art tell about the customs of the inhabitants of Ancient Rome, they can be judged on the basis of preserved business and friendly letters, works of historians and philosophers. The heyday of the Strength of Ancient Rome is associated with important ideals and principles that have been brought up in every free citizen from early childhood: Fidelity to the state; Serving the community; Harmony of mind and body; The ideals of beauty and love, etc.
Read More