World


Ferrari chair to do community service over tax case

Rome, Sep 10 (UNI) The chair of Ferrari and Stellantis has agreed to do one year of community service and jointly pay millions of euros to settle a dispute over inheritance tax in Italy.
John Elkann and his siblings Lapo and Ginerva will pay €183m (£159m) to Italian tax authorities, Italian prosecutors said, reports BBC citing multiple media reports.
Elkann's lawyer said the agreement did not include an admission of liability from the Ferrari chair and his siblings.
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