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Former Italian prime minister Silvio Berlusconi has condemned being sentenced to one year in jail after being convicted of tax fraud, calling it "incredible and intolerable".

The media mogul and former Italian leader was sentenced to four years' jail, immediately reduced to one, after being convicted of tax fraud over the purchase of film rights for his media empire.

Despite finding the former prime minister guilty, the court immediately cut the sentence to one year under an amnesty law approved by the then centre-left government in 2006 to reduce the overcrowding of Italian prisons.

And the controversial 76-year-old is unlikely ever to serve time in jail, as he promoted legislation while prime minister that means anyone over 70 cannot be sent to prison.

His lawyers said late on Friday (local time) they would appeal by November 10, according to reports, automatically suspending the application of the sentence.

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