The UK Supreme Court delivered its judgment in the Prudential case yesterday, confirming by a majority of five to two that legal advice privilege (LAP) cannot be claimed to protect confidential communications between accountants and their clients for the purpose of requesting or providing legal advice, even in tax matters.
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US partner Matthew Chen was named as potentially the first overseas PwC staffer implicated in the tax leaks scandal, in a dramatic week for the ‘big four’ firm
PwC alleged it has suffered identifiable loss and damage arising out of a former partner's unauthorised use of confidential information; in other news, Forvis Mazars unveiled its next UK CEO
Ireland offers more than just its competitive corporate tax environment but a reduction in the US rate under a Trump administration could affect the country, experts tell ITR
The ‘big four’ firm was originally prohibited from tendering for government work until December 1 due to its tax leaks scandal, but ongoing investigations into the matter have seen the date extended