PwC Tax Scandal Deepens As Partners Are Stood Down

PwC has been caught in a government tax scandal that's claimed dozens of executive scalps and sparked an AFP investigation. So what's the PwC controversy all about? Economist Nicki Hutley explains.

#PwC #TaxScandal #AusPol

[RabbitsFoot]

you invited a corporate PR representative on. Who stated has friends with PWC, and has worked in firms like that for many years.
there's a little bias there, and she lied when she says it isn't a common practise. And I laughed when she brought up a corporation having morals.

[vn]

love how she tries to downplay it to just a few.

[oneshot]

This is just reprehensible by PwC, and it is irrelevant that there are some good people in that organization.. This is a company that was trusted by the govt to assist in making tax policy and PwC kicked the govt and therefore the people of Australia in the guts. they should be booted from anymore contracts with the govt.

[jn-ih]

Why are UK multinationals in the Australian Government's public services like this, there is PWC, Capita and others. They should all be investigated and not just by the AFP, but also monitored by ASIO throughout their contracts.

[yeoldbandicoot]

Close the offshore accounting firms, or if they have offices in no tax jurisdiction then do not get government contract

[vincchou]

The problem is not with PWC! It is with the people (and their mindset) who run the government department.
How can you hire PWC who clearly has a conflict of interest to help you

[CallsignEskimo-lo]

Hmmm ... risking $230M in annual government contracts for a $2.5M pay day, I wouldn't want him to be my accountant.

[raphael]

She seems more interested in protecting PWC’s reputation.

[gnbyrne]

Where are the criminal charges? If there is no jail time for anyone on this nothing will change

[simplesimon]

Has Proudly been happening in all 5 eyes countries...to say the least.

[paulschmidtke]

Im sick of these disgusting criticisms of our multinational overlords, we have public tpt fare evaders to nab

[jmz]

This practice is right across the consulting industry. Just Google legal cases for all the main participants.

[robertwalker]

Where's CAANZ in all of this? Isn't its role to promote integrity? Ahhhh ... yeah right.

[bettyfiamengo]

I agree with the comment below,
Just liars🤣💩💩

[yeoldbandicoot]

The dirty thirty. Love that name. It will stick.

[Hongsta]

ATO IS breathing down our neck fining everyone for thousands yet these clowns still get a new job golden parachute and off with huge severance packages .... I LOVE MY COUNTRY but I HATE the system and the clowns in charge