‘Off the record’: Other PwC partners also shared tax information

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‘Off the record’: Other PwC partners also shared tax information
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The fact that more than one PwC partner was involved in sharing confidential government information with the tax business is contrary to what the firm has been saying.

In addition to the exchange about country-by-country reporting in 2015, the internal emails released by the Senate suggest a PwC partner forwarded a copy of ato other partners in the UK and the US, warning that it was confidential and would embarrass PwC Australia if it was released outside the firm.

The PwC emails published by the Senate show that on July 29, 2015, an unnamed PwC partner emailed Mr Collins, another PwC partner and the general email address for all partners and directors in the transfer pricing tax practice, with the subject line “CbCR ED update”. The writer had a five-line sign-off, suggesting some seniority at the firm.last week expelled

The name of the official they spoke to is redacted, but the context makes it clear that it was a senior tax officer, speaking on a confidential basis. The tax officer they spoke to “has carriage on implementation and welcomed our input once the ED has been released”, the PwC partner wrote.“This will be an opportunity to feed in suggestions which may help influence definitional/interpretation aspects and/or free or defer certain clients from some or all of the Action 13 net. If you have examples please let [redacted] or me know.”Six minutes later, at 7.

The tax officer who welcomed the PwC input was unaware that through Mr Collins’ leaks of Treasury information, the firm was already offering ways to sidestep the multinational tax avoidance law that he was helping to write.ATO consults only ‘trusted operators’ “Our senior ATO officers have a good understanding of the key participants, particularly in the large market, and as such will tend to only consult with trusted operators ,” Mr Jordan’s letter said.

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