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Ferrari chair John Elkann to do community service over tax case

Source: BBC

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, according to multiple media reports.Mr Elkann's lawyer said the agreement did not include an admission of liability from the…

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