The Nation - News from March 20, 1985

Cartier Inc., the prestigious 5th Avenue jewelry store, and two of its managers have been indicted on charges of evading at least $260,000 in New York sales tax, officials said. Tax evasion was especially prevalent on the fanciest gems, with 90% of all transactions involving $10,000 or more going untaxed, said New York state Atty. Gen. Robert Abrams. He said only one-third of all transactions at Cartier were taxed over a three-year period ending in 1983.