PwC Australia is in the final stages of a transaction to sell its government, education and healthcare practice to a private equity firm, a drastic option being explored because of the damage the tax leaks scandal has caused to the firm’s consulting business.
As part of this process, she added the firm’s leaders would “consider strategic options for the business”. This is understood to be a reference to PwC seeking potential purchasers for the business.by the Senate showed multiple PwC partners received emails relating to a plan to exploit, for profit, information that former PwC tax partner Peter Collins had gleaned while advising the government on developing the multinational tax avoidance laws.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: