Today in luxury marketing:
Porsche finds way around $1.9 billion tax bill tied to VW deal
After five months of finessing the deal, Volkswagen and Porsche Holding SE have figured out how to sidestep the tax man: VW's €4.5 billion purchase of the remaining 50.1-percent stake in Porsche's sports car unit was going to mean a tax liability of €1.5 billion ($1.9B U.S.) due to the Baden-Württemberg Finance Ministry, according to Auto Blog.
{"ct":"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","iv":"9a1723d2c839084b5021bbe4c4727801","s":"39a600b5aec08346"}