PwC Australia
There will be an ‘unnecessary and burdensome compliance nightmare’ for small practices if the rules are not struck out, an Australian opposition politician told ITR
Senator Barbara Pocock was unimpressed with the firm reporting favourably on its continuing governance overhaul
The Australian senator told ITR that PwC is still trying to manage the saga as a PR issue rather than a systemic problem
Australian Greens senator Barbara Pocock told ITR that parliament may need to use its powers to compel PwC to hand over elusive documents related to its tax leaks scandal
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Jim Chalmers’ opposite number also criticised the embattled firm, but argued that the government’s response to the tax leaks scandal had gone too far
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As the firm declined to speak with ITR over its progress, senator Deborah O’Neill branded PwC Australia’s recent parliamentary responses as ‘unsatisfactory’
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After a protracted offensive from 10 Australian professional bodies, a Senate motion to strike out contentious new tax ethical rules has failed, but concessions were secured