France
After flaying Ferragamo, French taxman takes on Issey Miyake

French tax authorities are handing out hefty tax adjustments to foreign luxury companies suspected of keeping their French shops in a state of constant deficit. That practice allows luxury houses to reduce their tax and social security contributions in France. Japanese brand Issey Miyake is the latest to be caught. [...]
Published on 01.12.2022 at 05:30 GMT

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