TTAC has written about how Ford and other carmakers in Germany are the car-buying jobbing journos best friend. But according to Spiegel Online, when it comes to bribes, VW is their bestest best friend. VW paid for about 30 German journalists to attend the opening acts of the 2008 Beijing Olympics. The car angle? None. And so the German tax agency says this generosity is a cash-equivalent perk. Therefore, the scribes must cough-up the income tax on the Euro 25k trip. (You wouldn’t expect a company that has paid brothel expenses for union leaders to be skinflint, would you?) To ensure that the tit-sucking journos don’t endure “hardships,” VW has offered to pay the relevant tax bill of up to 17k Euros per scribe. Pocket calculator alert! Thirty journalists x 25k = 750k Euros. That’s about a million bucks for just one item of bribery. But wait; a 17k tax bill on a 25k perk? Anyway, all they had to do was stick the journalists into a couple of cars for a quick test drive and poof! No tax. What’s Chinese for “d’oh”?
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