The Treasurer said what the firm’s partners did was “completely inappropriate” and that he had already privately told PwC of his displeasure.
Why it matters: PwC used secret government info to advise clients how to sidestep new tax lawsHe was also sharing confidential information he gleaned with colleaguesTreasurer Jim Chalmers has flagged potential further action against PwC over revelations the accounting giant’s partners used leaked government information to adviseDr Chalmers said what the firm’s partners did was “completely inappropriate” and that he had already privately told PwC of his displeasure.
The Treasurer also said the firm’s actions had endangered an established process of the government of the day consulting business when developing new policy.“I have made it really clear, my displeasure at PwC ... when it came to the inappropriate treatment of confidential tax information,” he said.
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