Former Volkswagen CEO Bernd Pischetsrieder has successfully managed to avoid tax evasion charges in Germany by agreeing to donate around $193,000 to various charities, according to Automotive News. Pischetsrieder had been charged with evading more than €230,000 in taxes between 2000 and 2003 (around $322,500 USD) by transferring interest on loans between various properties. The ex-VW executive went on trial on Monday, and according to reports, Pischetsrieder told the court that he never set out to intentionally evade taxes and that he hadn't hidden his activities from authorities.
Autoblog, Former VW CEO Pischetsrieder settles tax evasion charges with charity
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