NewsBite

Property developer sues PwC for $12.8m over ‘negligent’ tax advice

Simon Foy

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

London | A British property developer is suing PwC for £6.6 million ($12.8 million) in loss and damages in London’s High Court, alleging the big four accountancy firm provided “negligent” tax advice.

Revelan, a commercial property developer formerly backed by US investment manager Ares, claims the consulting firm “failed to accurately calculate tax due” by the group over a five-year period, according to court documents.

Loading...

Financial Times

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Professional services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/professional-services/property-developer-sues-pwc-for-12-8m-over-negligent-tax-advice-20240819-p5k3jq