Overview

• John, Lapo and Ginevra Elkann have agreed to a €175 million settlement with the Agenzia delle Entrate to resolve inheritance tax disputes related to their grandmother’s estate without admitting liability.
• More than €110 million has been paid under bank guarantees, with remaining installments scheduled in the coming weeks.
• Turin prosecutors accuse the siblings of fabricating a Swiss residency for their grandmother Marella Caracciolo to dodge inheritance taxes, leading to a €74.8 million asset seizure.
• Their lawyers are preparing a messa alla prova application that would require community service and could suspend the criminal proceedings if approved by the Turin court.
• This move follows the family’s €949 million 2022 settlement on corporate redomiciliation and intersects with a separate civil suit filed by Margherita Agnelli de Pahlen over her exclusion from the inheritance.