Under Tony Abbott, some 3000+ ATO tax-trained investigators were given the sack many of who went on to be employed by the big four along with many other firms advising corporations prepared to pay for their skills and knowledge of tax evasion.
An ATO amnesty arrangement to collect back taxes allowed the biggest corporations in the country to self-declare and negotiate the terms of their own settlement because the Department had lost it’s most skilled investigators. This LNP-sanctioned arrangement was and has never been available to all Australians. Why was that privilege allowed by Abbott the LNP and the ATO one might well ask?
He revealed that the Australian Tax Office (ATO) reached a settlement with PwC in March — long after the firm’s involvement in the tax leak scandal was publicly known — over PwC’s false claims of legal professional privilege that gave the big rour firm a 50% discount on applicable penalties. As part of the deal with the ATO, PwC didn’t have to admit any liability.
ATO-PwC arrangement confirms special deals must be dragged into daylight
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