SYDNEY - PricewaterhouseCoopers (PwC) Australia on Monday (June 5) named at least 67 current and former staff involved in the leak of confidential government tax plans in an unpublished letter to lawmakers ahead of parliamentary hearings later this week. PwC, one of the world’s “big four” audit and advisory companies, is battling to contain the fallout from a scandal in...
SYDNEY - PricewaterhouseCoopers Australia on Monday named at least 67 current and former staff involved in the leak of confidential government tax plans in an unpublished letter to lawmakers ahead of parliamentary hearings later this week.
A cache of 144 pages of partially redacted e-mails released in May revealed that dozens of staff were working to help multinational companies sidestep a new Australian tax law in concert with PwC firms in the United States, Britain, Singapore and Netherlands. The “big four” firm also named a separate group of 63 current and former partners who received at least one email containing confidential information relating to Australia’s 2016 Multinational Anti-Avoidance Law.The submission to the senate committee listing the names was first reported by the Australian Financial Review and later confirmed by a PwC spokesman to Reuters.
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