PwC is paying the price for their loyalty to profit.
Revealed internal emails show PwC used information gained while working for one client, the Australian government, and then pitched to the big multinational companies the laws were designed for.
The Australian Financial Review’s Professional Services Editor Edmund Tadros told Julie-anne Sprague it’s been a dramatic turn of events considering the Government is PwC’s biggest client.
“They came up with a marketing scheme to help the targets of this tax law to sidestep the law essentially,” Mr Tadros said.