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Kering agrees Italian tax settlement

10/05/2019

French luxury group Kering has said it has agreed to pay €1.25 billion to settle a dispute with Italian tax authorities. The investigation centred around the Gucci brand, which is run through subsidiary company Luxury Goods International.  Authorities in Italy had accused Gucci of evading taxes on more than €1 billion in revenues between 2011 and ...

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