Latest Italian Tax Evader Matteo Marzotto the Former Valentino Chairman

 

Kim Kardashian isn't heading back down the aisle with Kanye West anytime soon -- much to Kris Jenner's dismay. During an appearance on The Talk Thursday, July 18, the 57-year-old momager expressed her disappointment that daughter Kardashian and boyfriend West aren't getting married after welcoming their first child, daughter North.

Addressing rumors on the show, co-host Sara Gilbert asked Jenner, "Are Kim and Kanye going to get married and are you upset about it?"

"No and no," the Keeping Up With the Kardashians star said. "They're not getting married -- that I know about it. Not right now, that I know." Continue below.....

"Why aren't they getting married?" Julie Chen asked.

"I don't know. Why aren't Kourtney [Kardashian] and Scott [Disick] getting married?" Jenner asked of her oldest daughter, 34, who has two children, son Mason, 3, and daughter Penelope, 12 months, with boyfriend of seven years Disick.

"It's so annoying! I'm a little annoyed, sure," she admitted. "I think they all think they're Kurt Russell and Goldie Hawn now," Jenner joked of the star couple who have been in a relationship for more than 30 years, with one child together, but never married. "It's like, 'Oh, we're going to do just do this.' Which, you know, I've tried to just take a back seat, keep my mouth shut and learn that this is the way they're doing this. I don't know where they got this because I'm very old fashioned that way."

Though she may have to wait to hear wedding bells, Jenner is enjoying being a third-time grandma to North.

"She's pretty adorable. She's precious," she said of the 1-month-old baby girl. "Kim's doing great. They're doing fabulous as parents. The baby is so delicious -- there's no other word! It's pretty fabulous."

- USMagazine.com - See more at: http://xclusiveafrica.blogspot.com/2013/07/kris-jenner-kim-kardashian-kanye-west.html#more

 

Kim Kardashian isn't heading back down the aisle with Kanye West anytime soon -- much to Kris Jenner's dismay. During an appearance on The Talk Thursday, July 18, the 57-year-old momager expressed her disappointment that daughter Kardashian and boyfriend West aren't getting married after welcoming their first child, daughter North.

Addressing rumors on the show, co-host Sara Gilbert asked Jenner, "Are Kim and Kanye going to get married and are you upset about it?"

"No and no," the Keeping Up With the Kardashians star said. "They're not getting married -- that I know about it. Not right now, that I know." Continue below.....

"Why aren't they getting married?" Julie Chen asked.

"I don't know. Why aren't Kourtney [Kardashian] and Scott [Disick] getting married?" Jenner asked of her oldest daughter, 34, who has two children, son Mason, 3, and daughter Penelope, 12 months, with boyfriend of seven years Disick.

"It's so annoying! I'm a little annoyed, sure," she admitted. "I think they all think they're Kurt Russell and Goldie Hawn now," Jenner joked of the star couple who have been in a relationship for more than 30 years, with one child together, but never married. "It's like, 'Oh, we're going to do just do this.' Which, you know, I've tried to just take a back seat, keep my mouth shut and learn that this is the way they're doing this. I don't know where they got this because I'm very old fashioned that way."

Though she may have to wait to hear wedding bells, Jenner is enjoying being a third-time grandma to North.

"She's pretty adorable. She's precious," she said of the 1-month-old baby girl. "Kim's doing great. They're doing fabulous as parents. The baby is so delicious -- there's no other word! It's pretty fabulous."

- USMagazine.com - See more at: http://xclusiveafrica.blogspot.com/2013/07/kris-jenner-kim-kardashian-kanye-west.html#more

      Last month, Dolce & Gabbana were sentenced to jail for tax evasion, and now another Italian fashion house has found itself connected to a similar scandal. According to WWD, Matteo Marzotto, former Valentino chairman, along with his sister and several others, have been indicted for evading $75 million in taxes, relating to the 2007 sale of a chunk of the Valentino label to private equity fund Permira.


      In May 2007, Permira acquired 29.6 percent of the Valentino Fashion Group (VFG) from the Marzotto family (which had bought the label in 2002). The sale was made through the Marzotto’s Luxembourg-based International Capital Growth (ICG); Luxembourg is a tax haven country, and so the Marzottos were able to avoid paying heavy taxes on the sale of VFG.
    
        Now, the Italian tax police and prosecution are alleging that ICG was in fact a fictitious firm set up for the sole purpose of evading taxes on the sale of VFG to Permira. According to the police, ICG was only based in Luxembourg on paper; in reality the firm was managed in Milan by its Italian owners. The police allege that shortly after the sale of VFG the firm was closed. Along with prominent members of the Marzotto family, one of Italy’s wealthy textile dynasties, the Italian government indicted entrepreneur Massimo Caputi and ICG’s administrator and president of the board, respectively, Bart Zech and Pierre Kladny.
      Eight ICG partners, including Vittorio Marzotto and members of the Donà dalle Rose family–another branch of the Marzotto family–have already opted for a plea bargain, converting a six-month sentence to a fine.
Matteo Marzotto, the heir to the dynasty, and the others currently indicted, however, declined the plea bargain. A source speculates that this might have something to do with the accused’s political ambitions.
“I believe, together with the other individuals involved, that I have always operated in the full respect of the law, so much so that this operation had been at the time communicated in all its details to the authorities of the bourse and to the press,” Matteo Marzotto said.
    
    The date o f Marzottos’s trial is yet to be determined, but will likely take place in Milan, toward the end of this year or early 2014.

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