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Snapshot 4:Mon, Nov 4, 2024 4:21:34 PM GMT last edited by Brian

Australia: Federal Police Search PwC Headquarters Over Tax Leak

Australia: Federal Police Search PwC Headquarters Over Tax Leak

Above: Signage at the lobby of PricewaterhouseCoopers Australia office in Sydney, Australia, on Thursday, May 25, 2023. Image copyright: Brent Lewin/Contributor/Bloomberg via Getty Images

The Facts

  • The Australian Federal Police (AFP) began searching the Sydney headquarters of accounting firm PricewaterhouseCoopers (PwC) on Monday over its alleged leaking of confidential government tax information.

  • This comes over a year after the Treasury referred the matter to the AFP, which alleged the "unauthorized disclosure of confidential Commonwealth information" by former PwC personnel.

  • The allegations first emerged in a Senate report that found PwC Australia was using its access to secret government tax proposals to help attract business from corporations such as Google and Facebook.

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