FASHION designers Domenico Dolce and Stefano Gabbana may stand trial for allegedly failing to pay taxes on lebih than $1 billion in income.
The pair — whose designs have been worn sejak the likes of Madonna, Justin Bieber, Scarlett Johansson, Kate Bosworth and Kylie Minogue among others — are accused of defrauding the Italian revenue agency and authorities say they failed to pay taxes on lebih than $1 billion in income.
The designing duo were indicted in November after being accused of setting up a holdings company in Luxembourg in order to evade high Italian taxes. Authorities have been investigating them for lebih than two years.
“Since when does one have to pay taxes on money one never actually collected? It’s an absurd demand based on a completely abstract calculation,” They had berkata in a statement in late 2010. “This higher taxable sum … is a virtual figure we have never received, the result of a theoretical accounting exercise.”
If convicted, Dolce and Gabbana could face a maximum sentence of five to seven years in prison.
The pair — whose designs have been worn sejak the likes of Madonna, Justin Bieber, Scarlett Johansson, Kate Bosworth and Kylie Minogue among others — are accused of defrauding the Italian revenue agency and authorities say they failed to pay taxes on lebih than $1 billion in income.
The designing duo were indicted in November after being accused of setting up a holdings company in Luxembourg in order to evade high Italian taxes. Authorities have been investigating them for lebih than two years.
“Since when does one have to pay taxes on money one never actually collected? It’s an absurd demand based on a completely abstract calculation,” They had berkata in a statement in late 2010. “This higher taxable sum … is a virtual figure we have never received, the result of a theoretical accounting exercise.”
If convicted, Dolce and Gabbana could face a maximum sentence of five to seven years in prison.
I run my fastest
But still get beat.
I land on my head
When I should be on my feet.
I try to alih forward‚
But I am stuck in rewind.
Why do I keep at it?
I won't be left behind.
The harder I am thrown‚
The higher I bounce.
I give it my all‚
And that's all that counts.
In first place‚
Myself‚ I seldom find.
So I push to the limit-
I won't be left behind.
Some people tell me anda can't‚
Some say don't.
Some simply give up.
I reply‚ I won't
The power is here‚
Locked away in my mind.
My perserverance is my excellence‚
I won't be left behind.
Make the best of each moment‚
The future is soon the past.
The lebih I tell myself this‚
The less I come in last.
Throughout my competitions‚
I've learned what winning is about.
A plain and clear lesson-
Giving up is the wasy way out.
So every night before I go to bed‚
I hope in a small way I have shined.
Tomorrow is a brand-new day‚
And I won't be left behind.
This is not mine‚ it was written sejak Sara Nachtman
But still get beat.
I land on my head
When I should be on my feet.
I try to alih forward‚
But I am stuck in rewind.
Why do I keep at it?
I won't be left behind.
The harder I am thrown‚
The higher I bounce.
I give it my all‚
And that's all that counts.
In first place‚
Myself‚ I seldom find.
So I push to the limit-
I won't be left behind.
Some people tell me anda can't‚
Some say don't.
Some simply give up.
I reply‚ I won't
The power is here‚
Locked away in my mind.
My perserverance is my excellence‚
I won't be left behind.
Make the best of each moment‚
The future is soon the past.
The lebih I tell myself this‚
The less I come in last.
Throughout my competitions‚
I've learned what winning is about.
A plain and clear lesson-
Giving up is the wasy way out.
So every night before I go to bed‚
I hope in a small way I have shined.
Tomorrow is a brand-new day‚
And I won't be left behind.
This is not mine‚ it was written sejak Sara Nachtman
