Deloitte, EY, KPMG and PwC a systemic tax risk: ATO

Original article by Edmund Tadros
The Australian Financial Review – Page: 6 : 12-Sep-19

Australian Taxation Office second commissioner Jeremy Hirschhorn has told the big four consulting firms that they can longer act as if they are boutique operations. Hirschhorn has been speaking to Deloitte, EY, KPMG and PwC in recent weeks, and has been telling them to rein in what he describes as a small number of arrogant tax partners that Hirschhorn contends are trying to disrupt the tax system with excessively risky advice. The big four firms have hundreds of tax partners; it is understood that the number of partners that the ATO views as problematic is in the "low dozens".

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