An Australian state imposed a three-month ban on PricewaterhouseCoopers' local unit from receiving new tax-related contracts - the latest repercussion to hit the firm after its misuse of confidential federal government tax plans
after a former tax partner in the firm who was advising the Australian federal government on laws to prevent corporate tax avoidance shared confidential drafts with colleagues that were used to pitch to companies for work.
PwC will also be required to remove staff with links to the leak from all contract works for the state government - a move that the federal government has also demanded and PwC has agreed to. Last week, PwC"I was appalled by the breach of trust that occurred with the federal government. As additional evidence comes to light we will continue to toughen our regime and protect the ... community from this behaviour," Houssos said in a statement.
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