01/14/2009
https://www.congress.gov...
"Now, at the same time, Pricewaterhouse performs two functions; in other words, it is Caterpillar's independent auditor, but it is also its tax consultant."
"That was its purpose. Right?"
"You have seen it. But you just never heard it described as a virtual one?"
"So from the beginning, the decision to use CSARL and direct Caterpillar's non-U.S. profits to Switzerland was to shift profits to a low-tax jurisdiction."