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This conflict of interest came to a head in 2015, when PwC leaked secret Australian Government tax plans to corporations, including Google, [1] and used their privileged access to help corporations avoid a law they themselves helped write. The scandal has major implications for governments and consulting businesses in Australia, particularly ...
PwC Australia provided Google confidential information about the start date of a new tax law leaked from Australian government tax briefings, according to two sources familiar with the matter. PwC ...
"The PwC tax leaks scandal, and the wave of ethical failures subsequently exposed at other large consulting and audit firms, has struck at the very core of Australians' faith in the integrity of ...
In January 2023, PwC faced a scandal as Australia's Tax Practitioners Board banned Peter-John Collins, PwC's former head of international tax, for sharing confidential Treasury meeting details about new laws designed to curb tax avoidances with fellow PwC employees.
PwC’s acting chief executive Kristin Stubbins apologized in announcing the directors are on leave pending a review of the firm’s governance, accountability and culture. “I want to apologize ...
In 2023, it was revealed that a PwC partner, who was a member of consultation groups set up by the Australian Treasury to improve tax laws, had been leaking confidential government tax plans to PwC. The data leaked by the PwC partner included new taxation rules to close loopholes which allowed multinational companies to avoid paying tax. [242]
Big Four consulting firm PwC shrugged off reputation-damaging scandals in China and Australia this year to post record revenues and hire 10,000 staff.
One of the leaked tax rulings signed by Marius Kohl. Luxembourg Leaks (sometimes shortened to Lux Leaks or LuxLeaks) is the name of a financial scandal revealed in November 2014 by a journalistic investigation conducted by the International Consortium of Investigative Journalists.