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Former PwC partner at centre of tax leaks scandal banned by ASIC
Financial Services 2023-10-20 3:39 pm By Christine Caulfield

PricewaterhouseCoopers’ former head of international tax Peter-John Collins has been banned by the corporate regulator from providing financial services for eight years.

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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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Barristers better than consulting firms for government work, inquiry told
Business of Law 2023-10-19 3:26 pm By Christine Caulfield

Government should shift away from using large professional services firms for advisory work and retain barristers to help avoid conflicts, increase accountability and ensure value for money, the Victorian Bar has told an inquiry.

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Big four partner had ‘substantial role’ in tax avoidance schemes, ATO suit claims
Tax 2023-10-17 11:07 pm By Christine Caulfield

The Commissioner of Taxation is pursuing a former Big Four partner for allegedly promoting tax exploitation schemes for clients. But a fight has broken out in court over whether his identity — and the name of the accounting firm — should be suppressed.

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Law firm partner takes fight with ATO over exit payment to High Court
Tax 2023-10-05 3:14 pm By Cindy Cameronne

A retired law firm partner has taken his battle with the ATO to the High Court, arguing he is not liable to be taxed on $182,000 in goodwill payments he received on exiting the firm’s partnership in 2008. 

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Ex-Greenwoods partner asks High Court to weigh in on whistleblower protections
High Court 2023-10-04 11:25 pm By Cat Fredenburgh

A former Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about Lendlease’s attempts to avoid tax liability has asked the High Court to overrule a judgment finding recent changes to whistleblower protections do not apply retrospectively to cover his claims.

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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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Former Greenwoods partner suffers setback in Lendlease tax dodge suit
Employment 2023-08-30 12:19 pm By Cat Fredenburgh

The Full Court has dealt a blow to a sacked Greenwoods & Herbert Smith Freehills partner seeking $13 million in compensation from his former firm and Lendlease, finding new whistleblower protections do not apply retrospectively to cover his claims.

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Son of former ATO boss jailed for at least 10 years over tax fraud scam
Tax 2023-08-22 11:37 pm By Christine Caulfield

The son of former ATO deputy commissioner Michael Cranston has been jailed for a minimum 10 years for his leading role in a $105 million tax evasion scheme.

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PwC partner wins lawsuit over forced departure
Tax 2023-08-11 10:47 am By Cindy Cameronne

A PricewaterhouseCoopers partner has won his lawsuit against the professional services firm over his forced dismissal, with a judge finding the decision breached a partnership agreement and that the firm had acknowledged the partner did not misuse confidential ATO information.

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