This post was originally published on Forbes Oct 9, 2015
According to USA Today Volkswagen HQ was raided by German police yesterday "in a bid to secure documents and databases that could shed light on which employees were responsible for cheating pollution tests". The story did not indicate whether IRS CI was along on the raid, but it may be that they will be inspecting the document trove that the German police seized. Because on top of all the other woes that will be heaped on Volkswagen in light of what I will call Emissiongate, there may have been some tax crimes. I should start though with just a bit of a hat tip to the VW minions who conceived and executed this plan.
The success-or-else philosophy at Volkswagen dates back at least to the time when Ferdinand Piech, who retired earlier this year as Volkswagen AG Chairman, was appointed CEO in 1992.
For that I turned to Jack Townsend author of Federal Tax Crimes. As it turned out Jack had already posted on the issue, but some of you may be intimidated by the warning at the top of Jack's blog - "Jack Townsend offers this blog on Federal Tax Crimes principally for tax professionals and tax students. It is not directed to lay readers". Don't let that scare you. Mainly he is just letting you know that his free blog is not a substitute for hiring a lawyer when you need one.