Porsche could be ruined with a fine for unpaid taxes

Porsche could be ruined with a fine for unpaid taxes

July 21, 2021 0 By autotimesnews

German prosecutors say Porsche must pay $ 47 million for tax violation.

The German prosecutor’s office said that the car company Porsche must pay a fine of 40 million euros for violating its tax obligations. It is reported that the case concerns documents filed between 2009 and 2016.

At the same time, the German authorities note that the automaker will not appeal the fine in the state of Baden-Württemberg. It is also noted that the legal proceedings against Porsche are legally completed.