The former assistant treasurer and PwC alumni cemented the big four firm’s position as dominant supplier of government tax advice.
Former assistant treasurer Michael Sukkar has rejected calls for the government to stop consulting PwC on tax policy after, saying that disciplinary action should be targeted at individuals rather than the big four firm.
The news of the confidentiality breach has sent shockwaves through the accounting profession as well as Canberra.. Greens senator Barbara Pocock on Tuesday called for a review of government use of big four consulting firms.But Mr Sukkar dismissed suggestions that PwC should be sanctioned beyond the TPB’s order that the firm conduct training sessions for its staff to recognise conflicts of interest.
In his three years as assistant treasurer, Mr Sukkar oversaw the appointment of PwC partner Christina Sahyoun as CEO of the Board of Taxation, where PwC special counsel Chris Vanderkley also sits.In addition, four PwC partners – Steve Ford, Nick Houseman, Hayden Scott and Ken Woo – are on the Board of Taxation’s 48-member advisory panel. PwC and KPMG have the largest contingent on the panel.
PwC did not respond to questions about the extent of its work with the government, or steps it would take to repair its battered image.PwC also entered into contracts worth $329 millionThe TPB report refers to multiple PwC partners and personnel with confidentiality agreements and on secondment: “Despite the existence of signed CAs and secondment agreements by particular PwC partners and personnel specifying that the information could not be shared without prior approval from Treasury ...
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