By Editor
Italy Tax Police Search Legal Firms in Agnelli Inheritance Probe
By Editor
Italian tax police search legal firms’ offices as part of a probe into alleged tax fraud involving Stellantis Chair John Elkann and his siblings. The investigation alleges Elkann, Lapo, and Ginevra didn’t pay Italian taxes on inherited assets from their grandmother Marella Caracciolo, wife of late Fiat boss Gianni Agnelli.
The case stems from an inheritance dispute between the Elkanns and their mother Margherita over Gianni Agnelli’s estate. An Italian judge seized €75 million ($78.77 million) from five people involved.
Prosecutors claim contracts surrounding a 2004 Dicembre share transfer were “insufficient, altered or falsified,” and succession taxes weren’t paid. The Elkanns’ lawyers defend their clients, stating their acts relating to Dicembre were legitimate ¹ ² ³.
The investigation shows Caracciolo was an Italian resident from at least 2010, contradicting claims she lived in Switzerland, making her inheritance taxable in Italy.
Discover more from Breaking News
Subscribe to get the latest posts sent to your email.
