Adidas in sight: raid for tax evasion in Herzogenaurach!

Adidas in sight: raid for tax evasion in Herzogenaurach!

shock in the sporting goods sector! Adidas faces current investigations by the European law enforcement agency (EPPO) that examine a serious suspicion against the company: tax evasion in the import of goods. According to the first reports, in particular through the Manager Magazin , it is about considerable irregularities in customs fees and import sales tax, which may be a large-scale fraud to the disadvantage of EU households could lead. The raids took place not only in the group headquarters in Herzogenaurach, but also at other locations.

The ongoing investigations extend over the period from October 2019 to August 2024 and specifically concern compliance with customs and tax regulations. Adidas himself confirmed the searches and emphasized that the authorities comprehensively cooperate. A customs investigation office from Munich is also involved in the investigation, as can be seen from reports from T-online . The authority notes that traces may also lead to Austria, which further enlarges the dimension of these investigations.

legal situations and possible consequences

Adidas said that there has been an exchange for years in cooperation with the customs authorities in order to react to different interpretations between German and European law. The company assures that there would be no significant financial effects through the ongoing investigations. The import sales tax is due for the import of goods from third countries and led to income of 79 billion euros in Germany in 2023, which underlines the importance of these tax requirements.