French authorities are investigating designer Karl Lagerfeld's taxes and a French magazine says he used offshore tax havens to avoid paying millions of euros to the French government.
The case is the latest involving allegations of high-end tax evasion in France, where the Finance Ministry has cracked down on fraud in recent years to ease budget strain.
Caroline Lebar, a spokeswoman for the designer, said Thursday Lagerfeld had no intention of evading the law, and trusts his financial advisers to work out the situation with the tax authorities. She would not comment on the specific allegations in L'Express magazine.
National tax service spokesman Daniel Baldaia would not comment on a procedure currently underway.
The case does not concern Chanel, where Lagerfeld has been chief designer since the 1980s.
French Authorities Investigating Chanel Designer Karl Lagerfeld's Taxes
PARIS —
