HomeEconomyAustralia says PwC leaked government tax documents may be referred to police Economy Australia says PwC leaked government tax documents may be referred to police By inew May 22, 2023 0 23 views Share FacebookTwitterPinterestWhatsApp TLGPY +0.% Add to/Remove from Watchlist Add to watch list Add location Location added successfully: Please name your portfolio type: purchase Sell date: quantity: price point value: Leverage: 1:1 1: 1: SYDNEY (Reuters) – Australia said on Monday the government would take further steps in response to leaks of government tax plans by accounting firm PricewaterhouseCoopers (PwC), referring the matter to the Australian Federal Police. The government, which is PwC’s Australian client, has accused the firm of sharing confidential information about new anti-avoidance measures with its corporate clients to win more business , which is called a gross breach of trust. PwC Australia’s chief executive resigned this month, saying the firm was “committed to learning from our mistakes”. “We have asked the Treasury Department to investigate what happened and consider whether criminal charges should be referred to the AFP,” Assistant Treasury Secretary and Minister Stephen Jones from the Department of Financial Services told the ABC Some lawmakers have called for a blanket ban on awarding more government contracts to auditors. PwC declined to comment on Monday. “I think the PwC experience is deeply disturbing and we have already taken some steps, but we will take further steps, ” So did Treasury Secretary Jim Chalmers in an interview on ABC radio on Monday. “I will have more to say about how we combat this behavior, which is frankly inexcusable,” he said. PwC said this month that the former Telstra (OTC: 200TLGPY ) and Optus Chief Executive Ziggy Switkowski will lead an independent review of the leak and will report his findings and recommendations in September. 100 Share FacebookTwitterPinterestWhatsApp Previous articleAmerican Idol Season 21 WinnerNext articleLiar Liar Anime Reveals July 8th Premiere Date inewhttps://inew.news RELATED ARTICLES Economy BOJ's Ueda says shift in corporate pricing, inflation biased to the upside June 9, 2023 Economy Australian banks could face tougher regulation if they don't comply with home loan guidelines June 9, 2023 Economy China's factory-gate deflation deepens in May, consumer inflation picks up June 9, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS BOJ's Ueda says shift in corporate pricing, inflation biased to the upside June 9, 2023 Kids TV From Spielberg and Guillermo del Toro: How Dreamworks Animation TV Changed Children’s Programming June 9, 2023 Ryan Reynolds and Kenneth Branagh to Star in Skydance, Apple Feature 'Mayday' June 9, 2023 Teams like Lakers, Celtics and Spurs listed as favorable landing spots for Chris Paul | First things first June 9, 2023 Load more Featured NEWS Ethereum Whales Front Run A Major Price Move, On-Chain Data Suggests November 30, 2022 Oscars: Academy overhauls campaign rules in response to Andrea Riseborough controversy May 1, 2023 What was the first handheld game console with a color display? August 25, 2022 Ark Knight: Prelude to Dawn Animation's promotional video reveals ReoNa theme, premieres October 28 September 24, 2022 Load more