Taxes Page 1
As we reported last year, the LVHM Moët Hennessy Louis Vuitton CEO Bernard Arnault had filed an application for residency in Belgium to escape his native France’s oppressively high tax rates. Back in December, the rumors were swirling that his controversial bid would be rejected. Now, the richest man in France is turning the tides on his own and has reportedly withdrawn his application entirely. Hmm.
And you thought Dolce & Gabbana‘s tax troubles were bad. Bulgari is currently under investigation for allegedly evading taxes on revenue to the tune of 3 billion euros, or $4 billion at current exchange. What’s worse, the brand’s statement on the issue is unsurprisingly indignant.
Kim Kardashian made a whole lot of money last year, and yet she didn’t pay a whole lot of taxes. People are mad about this!
Remember that the Internal Revenue Service laid upon supermodel Christie Brinkley‘s doorstep late last week? Well, she’s not making a fuss about it and definitely not fighting it in court. Brinkley says she’s going to have the entirety of her debt paid off by tomorrow.
The pesky folks at the Internal Revenue Service just slammed supermodel Christie Brinkley with a tax lien so large it’ll make your head spin.
Turns out that billion-dollar tax evasion lawsuit the Italian government dumped on Domenico Dolce and Stefano Gabbana is back in action. This week, a court overturned the April ruling that let the designers off the hook — and Gabbana took to his Twitter page to air his grievances with the situation.
There are a lot of people who wish really, really rich guys had to pay higher income taxes, and it turns out Pierre Berge, former CEO of the storied fashion house Yves Saint Laurent, is one of them.
German supermodel Nadja Auermann showed up in Berlin’s District Court this morning for the first day of her trial for tax evasion. She and her ex-husband, actor Wolfram Grandezka, are accused of failing to pay taxes on their income between 1999 and 2002, and the amount it’s been suggested they owe the German government is €270,000, or just under $385,000.
Domenico Dolce and Stefano Gabbana don’t really seem like the kind of guys who would purposefully not pay taxes on a billion dollars of income, but tomorrow they’ll find out if they have to go on trial for doing just that.
And now, this morning’s billion dollar question: Have designers Domenico Dolce and Stefano Gabbana really not paid several hundred million euros worth of taxes, or is Guardia di Finanza (Italy’s answer to the IRS) just getting a little slap happy?
We found it strange when news surfaced that a publicly funded high heels walking class was being offered at South Thames College in South-West London. But it seems as though governments around the world are becoming more and more fashion-focused — and another country has found room in their budget for some sartorial goodness.
It took him 8 years. But just in time for the hair-pulling ladies from New Jersey to get all dolled up for season two of the Real Housewives, word is that fashion’s godfather, Italian designer Roberto Cavalli has been cleared in court on charges of tax evasion.
With only 8 days left to file your taxes, the last thing you probably want is financial advice from someone who recently tried to pass off a $1200 “lap top carrying case” as a legitimate business expense. But what was that about beggars? Anyway, in lieu of W2s, we’ve done the rounds and found a few non-profits with a fashionable lean that might just help put a little extra change in your pocket come refund time. Obviously we’re a little late for this year’s return, but it never hurts to be early for next year’s tax game.