After Oscars mess IRS is considering reviewing the tax returns of PriceWaterhouseCooper clients :-)
Posted on | February 27, 2017 | No Comments
According to PwC, Cullinan and Ruiz memorize all the winners, and if a mistake is made in an announcement, PwC has said it has protocols in place for correcting the error immediately. Both Mr. Cullinan and Ms. Ruiz were visible on stage as the confusion unfolded and the error was corrected. Cullinan, who resembles the actor Matt Damon, is PwC’s U.S. board chairman and managing partner of the firm’s Southern California practice. Ms. Ruiz is a tax partner who specializes in providing tax compliance and advisory services to the firm’s entertainment-industry clients in Southern California. In retrospect, the IRS may want to double check the tax returns of Ms Ruiz’ clients.
PricewaterhouseCoopers partners Martha Ruiz and Brian Cullinan are the only
people who know who the Oscar winners before the envelopes are opened“
“As long as our relationship is good and strong and we do a good job, which we always do, the Academy has been pleased, I think, with how we’ve been involved,” Mr. Cullinan told Financial News in a recent interview. “It’s such a long-term relationship that we know intricately how everything works, the timing of it, the process that we use, and they have absolute trust in us and what we do.”
That may no longer be the case, although the auditor’s logical replacement to take over the Oscar award distribution, Arthur Anderson, was unable to return phone calls seeking comments. https://www.washingtonpost.com/news/arts-and-entertainment/wp/2017/02/27/most-shocking-moment-in-oscars-history-presenters-call-the-wrong-winner-for-best-picture/?utm_term=.c6cb745c5a72
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