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Gucci Tax Probe Wraps with Possibility of Trial and Billions in Fines

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Prosecutors in Milan have finalized a probe into Gucci’s tax payments, which could possibly lead to a trial if a settlement cannot be reached. The luxury fashion house may have alleged tax debt of more than $1 billion, according to an unnamed judicial source cited by Reuters. In December of 2017, Italian tax police visited…

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