Judge Antonella Brambilla ruled in the case on one of two counts. They were cleared of the second count - involving the valuation of their company and the tax rate paid - at an earlier date. The designers are expected to appeal the decision, WWD reports.
The lawsuit refers to the labels 2004 sale of its signature and D&G lines to Luxembourg-based holding company Gado Srl - which Italian authorities believe was a means of evading Italy's high taxes - charges that the designers have strongly denied. The designers' lawyer, Massimo Dinoia, called for the pair to be acquitted of the charges - while prosecutor Gaetano Ruta demanded that Dolce, Gabbana and company board member Cristiana Ruella should be sent to prison for two-and-a-half years. He added that their accountant, Luciano Patelli, should be incarcerated for three years.
I Guess we won't be hearing from them for a while.....<H&G>
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