|The First Art Newspaper on the Net
||Established in 1996
|| Thursday, March 22, 2018
|Fashion designer Karl Lagerfeld suspected of hiding 20 mn euros from French taxman: report|
This file photo taken on October 12, 2015 shows German fashion designer Karl Lagerfeld, head designer and creative director of French fashion house Chanel arriving for a press-view of "Mademoiselle Privé" at the Saatchi Gallery in west London. Lagerfeld is suspected of having hidden more than 20 million euros (USD 21.5 mn) from French tax authorities using transactions via various companies, the L'Express weekly reported on January 6, 2016. French authorities declined to comment citing the privacy of tax affairs. A spokesman for Lagerfeld, who is creative designer for fashion house Chanel as well as having his own label, also declined to comment when contacted by AFP. French tax authorities "suspect that in the space of six years the man with the irremovable black sunglasses omitted to declare 20 million euros" in France, wrote L'Express.
PARIS (AFP).- Fashion designer Karl Lagerfeld is suspected of having hidden more than 20 million euros ($21.5 mn) from French tax authorities using complex transactions between various companies, L'Express weekly reported Wednesday.
French authorities declined to comment citing the privacy of tax affairs. A spokesman for Lagerfeld, who is artistic director for fashion house Chanel as well as having his own label, also declined to comment when contacted by AFP.
French tax authorities "suspect that in the space of six years the man with the ever-present black sunglasses omitted to declare 20 million euros" in France, wrote L'Express.
Lagerfeld, also an artist and photographer, is known for his trademark dark shades.
An investigation is focusing on the 7L bookshop in Paris, which Lagerfeld founded in 1999.
According to L'Express, the bookstore houses a photo studio owned by a British-based company, which takes in the revenue from Lagerfeld's photography work. The bookstore loses money and thus does not pay taxes.
The news weekly said French tax authorities suspect the foreign transactions allowed the "concealing of the undeclared professional activity" of Lagerfeld as a photographer.
French authorities are also interested in the activities of two property investment companies and a tax adjustment Lagerfeld received in the 1990s.
© 1994-2016 Agence France-Presse
January 7, 2016
Wildenstein art-dealing tax fraud trial in France suspended on technicality
Fashion designer Karl Lagerfeld suspected of hiding 20 mn euros from French taxman: report
Vintage gelatin silver exhibition prints by Christer Strömholm on view at Pace/MacGill Gallery
India's Mumbai, home to famous neighborhood in "Slumdog Millionaire, to get 'world's first slum museum'
Chinese dissident artist Ai Weiwei to display bamboo, kites in first French exhibition
One of Italy's leading post-war cinema stars, Silvana Pampanini, dead at 90 according to local media
Music, film impresario Robert Stigwood, who produced "Saturday Night Fever", dies aged 81
Oklahoma City Museum of Art receives 50 photos from Brett Weston Archive and Christian K. Keesee Collection
One-person exhibition of over 60 paintings and works on paper by Ilse D'Hollander opens at Sean Kelly
Survey of paintings by Beijing-based painter Zhu Jinshi opens at Blum & Poe
Christie's announces its annual Ski Sale the only auction dedicated to ski posters worldwide
France's Pierre Boulez, world-renowned avant-garde composer who 'opened minds', dies
Hirschl & Adler Modern opens first comprehensive exhibition in America of works by Frank Walter
Indianapolis Museum of Art announces new Deputy Director for Horticulture and Natural Resources
Penelope Umbrico's inaugural exhibition at Bruce Silverstein Gallery opens in New York
La Biennale de Montréal 2016: Title, curatorial approach and advisory team
University of Michigan Museum of Art presents Ferhat Özgürs "Metamorphosis Chat"
Pig character in film poster gets the chop in Malaysia
Influential designer Richard Sapper dies in Italy
Brittany Nelson's first solo show with Morgan Lehman Gallery opens in New York
1960 Olympic Gold Medal for Boxing to be featured in Olympic themed auction
Exhibition of new works by Martha Tuttle on view at Tilton Gallery
Most Popular Last Seven Days
1.- The Morgan explores the Medieval world's fascinating approach to the passage of time
2.- Experts discover hidden ancient Maya structures in Guatemala
3.- Egyptian archaeologists unveil tomb of Old Kingdom priestess Hetpet
4.- The Speed Art Museum and Italian Ministry reach loan agreement on ancient calyx-krater
5.- Major exhibition features artistic masterpieces from the glorious Church of the Gesù
6.- From Beowulf to Chaucer, the British Library makes 1,000 years of rich literary history freely available online
7.- Truck damages Peru's ancient Nazca lines
8.- Trish Duebber is new Coordinator of Youth Programs at Boca Raton Museum Art School
9.- Exhibition examines the way art, like language, was used to articulate a rhetoric of exclusion
10.- The Dallas Museum of Art announces gift of three major European works
Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .
|Royalville Communications, Inc|
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.