Search results
Results From The WOW.Com Content Network
The PwC tax scandal was a scandal involving PwC's abuse of Australian Government secrets to enrich itself and its corporate clients. PwC, and other Big Four accounting firms , give advice to governments on writing tax law, and also corporations seeking to avoid those laws.
PwC sold its government consulting business in Australia following the revelations. Overall revenues in Asia-Pacific, which is the smallest of the firm's regions, were down by 5.6% in local ...
PwC Australia's chief executive apologised profusely to senators on Thursday for the leak of confidential tax documents, as he was grilled about the involvement of overseas partners in plans to ...
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 ...
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.
The LuxLeaks scandal has highlighted the role of these tax intermediaries. In December 2014, the British parliamentary Public Accounts Committee interviewed Kevin Nicholson (head of tax division in PwC UK) for the second time in two years.
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
The LIBOR scandal is being called the "Wall Street scandal of all scandals" and the "rotten heart of finance," but the massive fraud can be hard to fathom for anyone who doesn't follow the markets ...