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Once Mercedes-Benz decided it was going to move its headquarters, it wanted to find a site with lower business taxes, lower cost of living for employees, and better quality of life for employees. Mercedes was setting goals for the change step in the comprehensive organization change model.
German luxury and commercial automobile manufacturer Mercedes-Benz was founded in 1926. The headquarters of Mercedes-Benz AG, a 2019 subsidiary of the Mercedes-Benz Group, is located in Stuttgart, Baden-Württemberg, Germany. Mercedes-Benz AG manufactures premium cars for consumers as well as commercial vehicles with the Mercedes-Benz logo.
Heavy commercial vehicles (trucks and buses) with the Mercedes-Benz brand will be controlled by Daimler Truck starting in November 2019. Daimler Truck was formerly a division of the Mercedes-Benz Group but became a separate business in late 2021. In 2018, Mercedes-Benz sold 2.31 million passenger automobiles, making it the most popular premium vehicle brand worldwide.
Business taxes are any taxes that are attributable to the operations of SPINCO or members of the SPINCO Group for a tax period ending before or including the Effective Date.
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