The tax office faces fresh scrutiny over allegations that it actively attempted to derail the investigation that led to the banning of PwC’s Peter Collins for sharing sensitive government tax plans.
The Senate committee that uncovered the PwC tax scandal is due to release its final report this Wednesday, but it will not end the fallout that has already torn the consulting firm in two and sent shockwaves throughout the entire industry.
“There is now clear evidence of a succession of five separate processes enacted against the TPB CEO, Michael O’Neill, that leaned on the effectiveness of the TPB’s investigation,” Pocock said. “Our regulators need employment security, proper access to data and support for their investigations.”“The ATO does not accept the suggestion that our actions were taken to pressure the TPB and/or the TPB CEO in relation to the Collins matter.
A later review of the troubled ATO/TPB relationship said: “Access to ATO data is the universally recognised key ‘pinch point’ between the two organisations.” But a letter from ATO commissioner Chris Jordan dated just weeks after the meeting suggests the TPB’s board was left in no doubt about the tax office’s unhappiness with the investigation; specifically, O’Neill’s investigators sending notices to 26 companies that had settled with the tax office.
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