PwC CEO Tom Seymour denies allegations of withholding documents during tax investigations using legal privilege.

Former PwC CEO Tom Seymour denied allegations that his firm falsely claimed legal privilege to withhold documents during tax investigations at a parliamentary inquiry. Seymour admitted that he was aware of concerns about documents being withheld but claimed that their legal response was not well-managed. The Australian Taxation Office claimed PwC held back thousands of documents using legal privilege during their investigations, leading to an inquiry into PwC's Australian operations. Seymour's denial comes after revelations that PwC partners shared confidential Treasury tax information with the private sector.

August 02, 2024
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