Overview

• John, Lapo and Ginevra Elkann have executed most of the €175 million settlement to resolve potential inheritance tax liabilities from their grandmother Marella Agnelli’s estate.
• The agreement was reached “without any tacit or partial admission” of the initial tax allegations, according to a family spokesperson.
• Turin prosecutors previously secured a €74.8 million preventive seizure linked to alleged fraud and a false Swiss residency scheme dating back to 2010.
• The criminal investigation extends to the brothers’ accountant, Gianluca Ferrero, and the Swiss notary Urs von Grünigen over suspected fiscal irregularities.
• The Elkanns are in interlocutions with the Turin prosecutor’s office and may pursue plea negotiations or a messa alla prova program to resolve the criminal case.