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The Agnelli clan's John Elkann and his siblings, Lapo and Ginerva, have agreed to pay €175 million to Italy's Revenue Agency to settle a tax evasion probe. The investigation centered around allegations they didn't pay Italian taxes on inherited assets. The deal was reached to "swiftly and definitively resolve a painful matter." Discussions with the public prosecutor are ongoing. John Elkann is chairman of Stellantis NV and Exor NV, which controls Ferrari NV and Juventus Football Club SpA.
The Agnelli clan, led by John Elkann, has agreed to pay €175 million to Italy's Revenue Agency to settle a probe over alleged tax evasion. The investigation, which began last year, centered around allegations that John Elkann and his siblings, Lapo and Ginerva, did not pay Italian taxes on assets they inherited after the death of their grandmother, Marella Caracciolo [1].
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