Partners who have left or are in the middle of leaving for rival firms are reportedly being limited in the clients they can work with and having their pay withheld.
In an exclusive interview with ITR, Deborah O’Neill says the PwC Australia tax leaks scandal has revealed an industry rife with malpractice and that she’s not going to stand for it.
Democratic senators urge President Joe Biden to combat tax evasion in crypto-asset markets, while PwC Australia’s breakaway firm Scyne Advisory appoints an interim CEO.
Speaking exclusively to ITR, Senator Deborah O’Neill said it’s unlikely that multinationals that restructured their TP were unaware that the advice they received was confidential.
The scheme, which would come into effect on April 1 2024, would prevent sub-contractors from claiming R&D tax relief as well as the contracting companies.
HMRC also substantially revises its fraud estimate for 2021/22, while Colombia prepares to host a Latin American tax summit that could be pivotal in the UN’s powerplay.
The European Commission and the IRS continue to lock horns with some of the world’s largest firms over issues including profit-shifting and transfer pricing. Here are ITR’s top tax disputes of 2023 so far.
Canada’s finance minister said that the nation cannot follow the Inclusive Framework’s decision to suspend the introduction of new digital service tax regimes for another year.
PwC Australia reportedly provided Google employees with information from tax leaks, while the Indian government fears the EU Carbon Border Adjustment Mechanism will hit exports.