UC execs owe more taxes

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! OAKLAND – University of California officials said Monday they are fixing the tax forms of more than a dozen executives after an audit found their pay wasn’t reported correctly. UC President Robert C. Dynes said he and 19 other senior managers will get corrected W-2 forms for benefits not properly reported as taxable compensation. UC executive pay has been an issue for several months after a series of articles in the San Francisco Chronicle reporting that the university quietly paid top administrators millions in stipends and other compensation at a time when student fees were being hiked to offset state funding cuts. An independent audit recently found that administrators kept some details of compensation packages secret from the public and UC’s own governing board. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventlast_img read more

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