Leonardo Del Vecchio, founder and chairman of Luxottica Group SpA,  has had his fair share of media coverage these past few days over the Italian eyewear firm’s governance structure.

As the entrepreneur has assumed the role of interim chief executive officer while he shapes the group’s future top management, he did clear another issue: Del Vecchio has settled up with the Italian Revenue Agency through a payment of 146 million euros, or $185 million at current exchange rate.

The tax issue revolves around an alleged unfaithful personal declaration of earnings over dividends matured in Luxembourg and does not relate to Luxottica. The company itself paid 33 million euros, or $45 million, to Italy’s tax agency at the end of December last year, following a tax audit concerning the year 2007 over alleged irregularities in the use of transfer pricing.

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