Tax commissioner Chris Jordan and second commissioner Jeremy Hirschhorn were questioned by the Senate economics committee late into Tuesday night. Here is what we learnt about the timeline of the PwC tax leaks.
During 2016 – Audits of multinationals
“We felt that we had, in terms of tax side, the revenue at risk, that we had fully addressed the problem by the end of 2016. We had stopped the risk to the revenue system.”AdvertisementThe ATO issued notices to acquire information from all the big four accounting firms – Deloitte, EY, KPMG and PwC – about their involvement in marketing of 11 types of avoidance schemes that were covered by the taxpayer alerts.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Gobsmacking’: What we learnt about the PwC tax leaks from the ATOTax commissioner Chris Jordan and second commissioner Jeremy Hirschhorn were questioned by the Senate economics committee late into Tuesday night. Here is what we learnt about the timeline of the PwC tax leaks. ausbiz
Read more »
Tax Office sought AFP advice on PwC breach in 2018Last week’s decision by Treasury to refer the PwC matter is the second time the AFP has been asked to advise on the matter. The ATO also revealed it first knew about the PwC leaks in 2017, five years before it became public.
Read more »
PwC behind 15 schemes to sidestep tax, says ATOCommissioner Chris Jordan told a parliamentary committee late on Wednesday a handful of firms stood to gain $180 million annually at the expense of Australian taxpayers.
Read more »
PwC stonewalled tax office attempts to investigate leakThe ATO boss said it took a long time to gather information about the tax leak scandal due to obstacles placed in the authority’s path.
Read more »
Australia news LIVE: Greens fear ‘sweetheart deal’ on gas tax change; PwC tax scandal fallout continues as nine staff members stood downTreasurer Jim Chalmers’ hopes of raising an extra $2.4 billion from the oil and gas industry are under further threat, with the Greens accusing the government of creating a sweetheart deal to protect the North West Shelf from paying more tax.
Read more »
Why PwC’s US tech targets will be deeply anxiousIt’s a nervous time for the dozen or so multinationals that received the consulting giant’s advice on how to sidestep the Australian government’s crackdown on tax avoidance.
Read more »