PwC’s scandalous monetising of tax secrets raises big questions

Malaysia News News

PwC’s scandalous monetising of tax secrets raises big questions
Malaysia Latest News,Malaysia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

The fact that a big four consulting firm was hawking secret tax information feeds the false narrative that big businesses routinely avoid paying their share of tax.

might have helped the firm earn at least a few million dollars from global companies wanting to avoid paying taxes in Australia.

Having come to office promising to make multinational companies pay their proper share of tax in Australia, Treasurer Jim Chalmers said on Thursday that he was taking steps to “fix this situation” exposed at PwC and “if more steps are necessary I will take them too”.

” – whatever that means – had left the firm. Ironically, the truth of this cannot be established when the names of who did what and when have been redacted based on the Tax Practitioners Board’s legal advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Don’t circulate beyond us’: How PwC execs tried to fight tax crackdown‘Don’t circulate beyond us’: How PwC execs tried to fight tax crackdownAn 148-page document reveals the damning evidence that led to a former PwC partner being banned for leaking confidential government plans to combat tax avoidance.
Read more »

Chalmers flags further action against PwC over tax leaksChalmers flags further action against PwC over tax leaksThe Treasurer said what the firm’s partners did was “completely inappropriate” and that he had already privately told PwC of his displeasure.
Read more »

Those ‘directly involved’ in tax leak have left firm: PwC CEOThose ‘directly involved’ in tax leak have left firm: PwC CEOPwC boss Tom Seymour has told partners that those “directly involved” in leaks of tax documents had left the firm, as the government confirmed it has sought legal advice about the content of secret internal emails.
Read more »

Oligarch funded Everton football club while barred from UKOligarch funded Everton football club while barred from UKExclusive: Alisher Usmanov’s backing for club while refused entry to UK raises questions about Premier League governance
Read more »

Treasury sought legal advice over PwC tax leak amid calls for CEO to step downTreasury sought legal advice over PwC tax leak amid calls for CEO to step downThere are new calls for PwC to be banned from government work amid new evidence in the scandal over breached confidentiality agreements.
Read more »



Render Time: 2025-03-04 13:04:44