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VW reports itself for tax fraud with luxury cars

For years, Volkswagen made false statements to the tax office. It was about cars from Porsche, Lamborghini and Bugatti that the group made available to celebrities.

According to a report, the car company Volkswagen has falsely deducted expenses related to rental cars for celebrities and media representatives for years. As a VW spokesman said on Monday, the group subsequently reported the costs for the so-called press vehicle pool to the tax authorities “for a period of several years” as non-deductible operating expenses. “As a result, an amount in the low single-digit million range will be paid back.” First the “Business Insider” wrote about the process.

According to the report, the vehicle pool comprised more than 500 cars, including luxury cars from Audi, Bentley, Porsche, Lamborghini and Bugatti. Since 2007 the costs for maintenance, administration and logistics have been deducted from the tax. It was only in 2015 that the VIP fleet was critically questioned internally. After the resignation of the then VW boss Martin Winterkorn in the wake of the diesel scandal, the new management initiated an investigation into the practice.

VW announced that in the past few years many processes had been “intensively checked and assessed under compliance aspects” and “many thousands of processes had been adjusted, personnel changes made and internal processes improved”. Compliance is the observance of laws and voluntary guidelines.

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