PwC has disgraced itself down under
The firm’s employees helped multinationals dodge taxes in Australia
ANTHONY ALBANESE, Australia’s prime minister, has called it “completely unacceptable”. Jim Chalmers, his treasurer, is “furious”. The object of their ire is PwC. The professional-services giant is in hot water over allegations that, after helping the government design a new system to make foreign multinational firms pay more tax, it used its inside knowledge to help global clients circumvent those same measures.
This article appeared in the Business section of the print edition under the headline “Aussie rule-bending”
Business June 10th 2023
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