.and meat processing company JBS last year after it refused to hand over corporate information during a tax audit, citing legal professional privilege.
Richard McHugh SC said the ATO’s refusal to rule out criminal prosecution against PwC had created a ‘very uncomfortable situation’.At the heart of the case is whether PwC inappropriately used legal professional privilege to withhold facts and evidence from the ATO in completing work for JBS and its subsidiaries.
“Unfortunately ... the Commissioner is not prepared to give any undertaking with regard to prosecution,” Mr McHugh said. “That’s a very uncomfortable position to find oneself with the threat of a prosecution hanging over one’s head.” “We now need to give very serious consideration to whether or not we seek a stay,” Mr McHugh said, adding his clients could be exposed to self-incrimination if the civil matter were to proceed.
Source: Law Daily Report (lawdailyreport.net)
Carolyn41600597 FishwickDavid CYBG_RemSupGrp
Not could. They must face criminal charges. Legalized crimes can no longer be tolerated.
3wombats Good. The hundreds of millions these people make annually from shielding government from accountability and corporations from tax is obscene.
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