Posted on 04/08/2015 11:49:39 AM PDT by Oldeconomybuyer
BRASÍLIA—Prosecutors are investigating allegations that Brazilian tax authorities solicited bribes from major companies in exchange for reducing their liabilities in corporate tax disputes, officials say.
On Tuesday, the Finance Ministry said the alleged scheme wasn’t systematic but rather, involved “isolated acts” carried out by a small group of government tax officials. When prosecutors announced the investigation on March 26 they said that losses to the nation’s treasury totaled $6.1 billion over 15 years.
The case comes amid a scandal at state-owned Petróleo Brasileiro SA, or Petrobras, in which authorities have arrested dozens of people for their alleged roles in bribery and money laundering.
(Excerpt) Read more at wsj.com ...
Wow. Facepalm. Never thought that would happen in a socialist sh*thole like that. /s
No need to probe for corruption here, it is everywhere evident, I trust Cruz to eliminate the IRS.
Corrupt tax officials? Never heard of such a thing.
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