MILAN — A Milan court convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion on Wednesday.
They were found guilty of failing to declare $268 million through a Luxembourg company to authorities and given a suspended jail sentence of one year and eight months. They were ordered to pay a penalty of about $670,000 to tax authorities.
The court, however, acquitted them of misrepresenting income of around $560 million each, even though the statute of limitations had expired on the charge.
The designers have denied the charges. Defense lawyer Massimo Dinoia pledged to appeal the ruling, saying the fact the court issued an acquittal on a charge that had expired ‘‘means the proof of their innocence is evident.’’
Three other defendants, including two managers, were also convicted in the scheme and given suspended sentences.