Bribes are taxable income, as a former Bloomberg construction director was reminded when he pleaded guilty to tax fraud yesterday. Anthony Guzzone, who worked as director of global construction at Bloomberg from 2010 to 2017, took part in a scheme to receive bribes from subcontractors in exchange for promising them construction contracts and subcontracts on Bloomberg projects, Crain’s reported. On Tuesday he admitted to evading taxes on more than $1.45 million in bribes. “Bribery and
source https://therealdeal.com/2020/09/30/bloomberg-construction-director-pleads-guilty-to-tax-fraud/
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