Why it matters: PwC used secret government info to advise clients how to sidestep new tax laws
Ex-PwC tax partner Peter Collins was helping Treasury develop tax law
He was also sharing confidential information he gleaned with colleagues
The firm advised 14 clients how to sidestep the new tax laws, booking $2.5m in fees
There are growing calls for those involved to leave the firm and for PwC to be banned from government contracts
Senior PwC Australia partners Pete Calleja and Sean Gregory have stood down from leadership positions at the embattled big four firm late as the PwC tax leaks scandal continued to roil the consulting giant.
PwC Australia partner Pete Calleja has stepped down from the firm’s executive board.
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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
Neil Chenoweth was a senior writer for The Australian Financial Review
