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PwC class action by Axsesstoday bondholders wants to add insurer, 3 years in
Class Actions 2023-12-04 11:29 pm By Christine Caulfield

More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.

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PepsiCo loses dispute with ATO over royalty withholding tax
Tax 2023-12-01 11:57 pm By Cat Fredenburgh

In a victory for the ATO, a judge has found that payments made by Schweppes to PepsiCo as part of a bottling and distribution agreement, which did not expressly provide for payment of a royalty for use of the company’s IP, were royalties and should be taxed accordingly.

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Court rejects Tony Sage’s bid to uncover legal advice in tax audit
Tax 2023-10-20 2:17 pm By Sam Matthews

A judge has rejected a bid by WA businessman and former Perth Glory owner Antony Sage to uncover external legal advice provided to the tax office in a dispute over an audit that went to the AAT, finding that reliance by the Tribunal on the material could endanger its independence.

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Tax leaks report skewers PwC’s ‘whatever it takes’ culture
Tax 2023-09-27 10:12 pm By Sam Matthews

An independent investigation commenced in the wake of PwC’s tax leaks scandal has taken the firm to task for its “whatever it takes” growth strategy and “overly collegial” culture, which discouraged constructive criticism.

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Mount Pleasant mine engineers can’t shield legal advice on loss in $270M feud
Energy & Natural Resources 2023-09-14 1:17 pm By Cindy Cameronne

Engineering firms G&S Engineering and DRA Global have lost their bid to shield legal advice by McCullough Robertson on whether they were liable to MACH Energy for indirect losses while building a coal processing plant at Mount Pleasant in South Australia.

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Corrs, DLA Piper pick up tax specialists from embattled PwC
Business of Law 2023-08-10 11:27 pm By Sam Matthews

Troubled professional services firm PwC has lost two partners to law firms Corrs Chambers Westgarth and DLA Piper.

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PwC sacks 8 partners as leaks crisis referred to anti-corruption watchdog
Tax 2023-07-03 12:45 pm By Cindy Cameronne

The tax leaks scandal engulfing PricewaterhouseCoopers has been referred to the newly formed National Anti-Corruption Commission, as the accounting firm sacks eight partners for professional governance breaches.

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Chobani loses test case over GST on Flip yoghurt range
Tax 2023-06-20 3:46 pm By Gareth Baker

Chobani has lost a dispute over the tax office’s recent decision to apply GST to the US yoghurt maker’s Flip range.

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PwC partner denies involvement in alleged $3.3M fraud scheme
Employment 2023-02-02 2:12 pm By Sam Matthews

A PricewaterhouseCoopers partner has hit back at a lawsuit over her alleged involvement in a $3.3 million scheme to defraud her husband’s employer, saying she believed payments into her account were made under a personal loan brokered by her husband from a “wealthy friend” in China.

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Wife of billionaire developer challenges suppression order in $272M ATO case
Appeals 2022-11-21 2:14 pm By Christine Caulfield

The wife of a billionaire developer has lodged an appeal seeking to suppress the affidavits of a tax official in a $272 million proceeding brought by the Australian Taxation Office.

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