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In Germany Theo Albrecht (one of the Aldi founders, Forbes richest #31) tried to deduct his kidnapping ransom payment ($2mil USD in 1971) as tax deductable busi
by mtmail 5y ago
In Germany Theo Albrecht (one of the Aldi founders, Forbes richest #31) tried to deduct his kidnapping ransom payment ($2mil USD in 1971) as tax deductable business expense. It went to court and was denied.
- deleted 5y ago[deleted]
- emteycz 5y agoWell yeah, seems like personal tax thing... which aren't necessarily but still can be profit/loss based.
- Scoundreller 5y agoI guess the founder wasn't key to the organization and wouldn't pay.