Emilio Cuatrecasas, founder of Cuatrecasas firm, has entered negotiations with the Spanish Prosecution Service and the Tax Office to avoid landing a lengthy prision sentence as part of a plea bargain, according to the web EconomiaDigital.
The case relates to Mr. Cuatrecasas’ tax-creative antics when trying to put personal expenditure (luxury yacht, properties, furniture etc.) as deductible corporate expenses.
Cuatrecasas currently advises tax-evading Landsbanki in Spain.