The tax office faces fresh scrutiny over allegations that it actively attempted to derail the investigation that led to the banning of PwC’s Peter Collins for sharing sensitive government tax plans.
The Senate committee that uncovered the PwC tax scandal is due to release its final report this Wednesday, but it will not end the fallout that has already torn the consulting firm in two and sent shockwaves throughout the entire industry.
“There is now clear evidence of a succession of five separate processes enacted against the TPB CEO, Michael O’Neill, that leaned on the effectiveness of the TPB’s investigation,” Pocock said. “Our regulators need employment security, proper access to data and support for their investigations.”“The ATO does not accept the suggestion that our actions were taken to pressure the TPB and/or the TPB CEO in relation to the Collins matter.
A later review of the troubled ATO/TPB relationship said: “Access to ATO data is the universally recognised key ‘pinch point’ between the two organisations.” But a letter from ATO commissioner Chris Jordan dated just weeks after the meeting suggests the TPB’s board was left in no doubt about the tax office’s unhappiness with the investigation; specifically, O’Neill’s investigators sending notices to 26 companies that had settled with the tax office.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PwC scandal: Former PwC partner sues firm for allegedly linking him to tax scandalRichard Gregg alleges people have shunned and avoided him because of an implication by PwC that he was involved in the tax leaks scandal, when he was not.
Read more »
The tax office brawl that almost ended investigation of PwC scandalThe tax office faces fresh scrutiny over allegations that it actively attempted to derail the investigation that led to the banning of PwC’s Peter Collins for sharing sensitive government tax plans.
Read more »
PwC, EY, Deloitte, KPMG: NSW government to establish consultant unit to reduce spending on major firmsNSW will follow the federal government in setting up an in-house consulting unit to reduce spending on the major firms.
Read more »
PwC tax leak fallout: did the ATO try to shut down the TPB’s investigation into the PwC tax leaks and target the man leading it, Michael O’Neill?Documents tabled by three federal agencies raise questions about whether the ATO tried to shut down the investigation into the PwC tax leaks and targeted the man leading it, Michael O’Neill.
Read more »
PwC tax leaks: Inside the ATO’s pursuit of TPB chairman Michael O’NeillThe Tax Office made multiple attempts to sideline or to engineer the dismissal of Michael O’Neill because of his team’s actions in investigating PwC.
Read more »
EY, Deloitte and PwC name new partners for 2024The latest partner promotions and appointments at EY, Deloitte and PwC reflect the major downturn in advisory work.
Read more »