Celeb News

Wednesday 24 September 2014

Actress Sophia wins 40-year tax row

Published 23/10/2013 | 23:16

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Sophia Loren once served time in an Italian jail for tax evasion

Sophia Loren, who once served time in an Italian jail for tax evasion, has been handed a victory by Italy's top court in a nearly 40-year battle over back taxes.

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The Rome-based Court of Cassation has ruled that the 79-year-old actress and beauty icon was right when calculating tax owed on her 1974 income.

Loren's tax experts, applying one of Italy's not-infrequent tax amnesties, calculated that she owed tax on 60% of her income that year, but tax officials insisted she should have paid tax on 70% of her taxable income.

Now the court decided that Loren was right.

In separate tax dispute, Loren voluntarily returned to Italy in 1982 to be jailed, serving 17 days of a 30-day sentence for tax evasion. She said then her late tax preparer had erred.

Press Association

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