82 522
Fashion Jobs
HENKEL
Material Handler
Permanent · BAY POINT
HENKEL
Director, Business Development
Permanent · ROCKY HILL
HENKEL
Quality Manager
Permanent · LAGRANGE
HENKEL
Market Segment Manager Defense & Space
Permanent · ROCKY HILL
HENKEL
Global Key Account Manager - Consumer Device Southern California
Permanent · IRVINE
SACK OFF 5TH
Asset Protection Uniform Guard
Permanent · PARAMUS
SACK OFF 5TH
Asset Protection Investigator
Permanent · SHREWSBURY
SACK OFF 5TH
Fulfillment Associate Part-Time
Permanent · LAWRENCEVILLE
NGG
Sales Supervisor
Permanent · NEW YORK
COTY
Assistant Marketing Manager, us Luxury - Burberry Makeup
Permanent · NEW YORK
NORTH CAROLINA STATE
Enterprise Research Administration Training Manager
Permanent · RALEIGH
NORTH CAROLINA STATE
Academic Coordinator
Permanent · RALEIGH
CENTRIC BRANDS
(Assistant) Manager, Logistics (Origin Carriers)
Permanent · NEW YORK
CENTRIC BRANDS
Keyholder, Robert Graham - Scottsdale
Permanent · SCOTTSDALE
CENTRIC BRANDS
Keyholder, Robert Graham - Las Vegas (Forum Shops)
Permanent · LAS VEGAS
MICHAEL KORS
PT Sales Supervisor, Walt Whitman Shops Huntington Station NY 11746
Permanent · HUNTINGTON
JCREW
Associate Manager
Permanent · CHARLOTTE
RAG & BONE
Account Executive
Permanent · NEW YORK
RAG & BONE
Senior Coordinator, Retail Marketing
Permanent · NEW YORK
MACY'S
Manager, Asset Protection
Permanent · FRIENDSWOOD
MACY'S
Asset Protection Detective, Southlake Mall - Part Time
Permanent · CLAYTON
MACY'S
Asset Protection Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
By
Reuters
Published
Nov 28, 2018
Download
Download the article
Print
Text size

Milan prosecutors wrap up Gucci tax probe, trial likely

By
Reuters
Published
Nov 28, 2018

Milan prosecutors have wrapped up their probe into alleged tax evasion of around 1 billion euros ($1.13 billion) by fashion group Gucci, paving the way for a formal request for a trial, a judicial source said on Tuesday.

Gucci - Spring-Summer2019 - Womenswear - Paris - © PixelFormula


The case will be sent to court unless in the next 20 days the parties agree on a settlement, or new evidence emerges.

The prosecutors suspect Gucci, which is part of French luxury group Kering, may have paid taxes on profits generated by sales in Italy in another country with a more favorable tax regime.

They allege that Gucci owes the Italian tax authorities around 1 billion euros for revenues booked in the years between 2010 and 2016.

The prosecutors allege Gucci revenues booked through Luxury Goods International (LGI), the Swiss-based company that manages the distribution and logistics platform for most of Kering’s luxury brands, should be taxed in Italy and not in Switzerland.

Gucci Chief Executive Marco Bizzarri and former CEO Patrizio Di Marco are under investigation in the case, the source added.

The lawyers for the two executives could not immediately be reached for comment.

Gucci’s parent Kering said it was “confident about the correctness and transparency of its operating mode, and is cooperating actively with the competent authorities”.

© Thomson Reuters 2024 All rights reserved.