Dolce and Gabbana Sentenced to Jail for Tax Evasion

Famous fashion designer Domenico Dolce and Stefano Gabbana were handed a suspended prison sentence of one year and eight months for hiding over one billion Euros, according the media. This order was given by the Milan, Italy court.  Dolce and Gabbana were initially investigated in 2008 for selling their brand to Luxembourg-based holding company Gado in 2004 to avoid declaring taxes on royalties of about 1 billion Euros ($1.3 billion). Rumors say the two will be appealing the court’s decision, but as of now they are looking at some prison time.

If you are in some tax trouble and you may need to get your tax affairs in order before it gets as bad as it is for Dolce and Gabbana, you can call the Law Offices of Michael H. Raichelson to find relief in all your tax resolution needs.

Criminal Prosecution of Grammy Winner Lauryn Hill for Tax Evasion

The famous Grammy award-winning singer Lauryn Hill was sentenced on May 6, 2013 to three-months in federal prison for failing to pay taxes on approximate earnings within a five year period of $2.3 million. After serving her three-months in prison, Hill will be electronically monitored in her home for three additional months and will be obligated to pay not only her unpaid tax debt of $1,006,517 but an additional $60,000 in fines.

If your tax obligation is on the rise and you need help resolving your tax issue before you get sentenced to prison or result in any type of consequences regarding the federal court, there is help available to you.

At the Law Offices of Michael H. Raichelson located in Woodland Hills and Oxnard, Californa, we prevent such consequential results and resolution options to your tax debts.