tax evasion news and archive

Shein accused of manipulating customs declarations in UK Lawsuit

Mere days after 25 European consumer organisations filed a complaint against Shein over misleading practices at the beginning of the month, the Chinese ultra-fast fashion giant finds itself in the crosshairs again. This time, the online shopping giant faces a High Court lawsuit with documents accusing it of “manipulating customs declarations for...

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Kering reportedly close to settling tax evasion case in Italy

It looks like Kering is about to settle its tax dispute in Italy. The luxury conglomerate is close to signing a deal with the Italian tax authorities, agreeing to pay between 1.3 billion and 1.4 billion euros (approximately 1.5-1.6 billion US dollars), according to Italian newspaper Il Sole 24 Ore and international news agency Reuters, both...

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Gucci confirms tax evasion probe

Italian fashion giant Gucci on Monday said police raided its offices over suspected tax evasion, confirming a report in the Italian press. The Milan public prosecutor suspects the fashion house of declaring several years worth of Italian sales in Switzerland, thereby saving around 1.3 billion euros (1.5 billion USD) in domestic tax, La Stampa...

Fashion

Model Bar Refaeli arrested for tax evasion in Israel

Israel's most famous model Bar Refaeli was arrested and questioned for allegedly evading taxes on millions of dollars of income from abroad by lying about her residency, Israeli authorities said Thursday. Refaeli is also suspected of receiving benefits of "over a million shekels" (257,000 US dollars, 237,000 euros) in the form of free...