Top Italian court sides with Loren in tax dispute
ROME (AP) - Sophia Loren once served time in an Italian jail for tax evasion. Now Italy's top court has handed the actress a victory in a nearly 40-year-long battle over back taxes.
The Rome-based Court of Cassation ruled Wednesday the 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 percent of her income that year, but tax officials insisted she should have paid tax on 70 percent of her taxable income. The top 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 deceased tax preparer had erred.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Shane Doan, Coyotes captain - Wednesday March 5Coyotes captain Shane Doan discusses Tuesday night's win over the Canucks.
- Don Maloney, Coyotes GM - Wednesday March 5Don Maloney discusses the NHL trade deadline with Dan and Vince.
- Anthony LeBlanc, Co-Owner, President & CEO Phoenix Coyotes - Tuesday March 4Are the Coyotes trying to make a move?
- Bickley Blast - Monday March 3Dan Bickley says the Suns and Coyotes are experiencing a complete role reversal.
- It's Paul's Call with Paul Calvisi! - Monday March 3Get off Paul's Lawn!