Laboratory giant ALS has settled a spat with advisers KPMG over a Canadian tax penalty worth almost $20 million.
The settlement, listed in notes of ALS’s full-year accounts, caps a blow-up that even forced the testing outfit’s auditors from KPMG to resign to avoid any perceived loss of independence.
Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
