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United States

PwC could elect a woman into the senior leadership position for the first time; in other news, KPMG Australia has extended its CEO’s term
The partnership of KPMG UK has installed Holt for a second term as CEO and senior partner; in other news, a Baker McKenzie partner has sued the IRS
Their prediction comes after the IRS announced it would send compliance letters to large foreign companies emphasising their US tax obligations
Research has claimed that the net US federal income tax bills of 35 companies were negative $1.72 billion, while, in other news, Italy’s economy minister has predicted that pillar two will fail
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