PwC Australia’s head office raided by Federal Police
The Australian Federal Police have raided PwC Australia’s head office in Sydney after a joint parliamentary committee revealed the company’s international arm was “withholding critical information about the [tax law] scandal within their walls”.
The raid was in relation to the alleged sharing of confidential government tax laws with international tech clients, including Meta and Google, which was made public in 2023, after a Senate committee released a number of emails that detailed the plan.
Treasury Secretary Steven Kennedy said PwC partner Peter Collins had “improperly used confidential Commonwealth information” in order to help its clients dodge future tax laws that PwC helped draft, adding, “the Treasury has referred the matter to the Australian Federal Police to consider commencement of a criminal investigation.”
About time to, Slow as the NACC