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Victor Muller to pay Sweden back taxes for Saab work

Thu, 03 Oct 2013 11:29:00 EST

Victor Muller, Saab's CEO from 2010 to 2011, has been ordered by the Swedish court to pay the back taxes he owes the country for his work at Saab, Autoweek and Volkskrant report. When he was the automaker's CEO he received a salary of about 8 million Swedish Krona ($1.25 million), which was recorded as a reward for consultancy work for a company in the US that Muller owns. The move allowed him to evade taxes for awhile, but the court has ordered him to pay taxes on his full salary.

Muller, who is also CEO of Spyker, and two other Saab executives were accused of accounting fraud in May, which took place in 2010 and 2011. According to reports, Muller maintains that he is not subject to taxes in Sweden.

By Damon Lowney


See also: Saab restarts production line in Trollh"attan, Saab plant reopens, production to resume by year's end?, Saab US bankruptcy plan gets legal green-light.