61 PwC Partners Accused of Tax Crimes Over Bonuses in Spain
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Spain’s anti-corruption prosecutor accused 61 PricewaterhouseCoopers LLP partners of committing tax crimes, saying they failed to declare a total of 21 million euros ($28.4 million) in bonus payments.
The PwC partners categorized the 2002 bonus payments as part of the price of the sale of a consulting division to IBM that carried a lower tax rate, the prosecutor said in an e-mailed statement today. The agency presented a written accusation requesting a criminal trial, according to the statement.