Sunday 21 December 2014

Actress Sophia wins 40-year tax row

Published 23/10/2013 | 23:16

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

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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