The NY Times notes that the Court of Cassation in Rome, Italy’s highest court, acquitted the fashion designers Domenico Dolce and Stefano Gabbana of tax evasion on Friday. The court overturned two lower court convictions, and also acquitted the designers’ tax accountant, two managers and Mr. Dolce’s brother, bringing to an end a seven-year court battle.

Read full article at Italian Court Clears Designers of Tax Evasion – NYTimes.com.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.