SYDNEY : PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they were surprised to find out PwC's advice may have been based on leaked government plans.The 'big four' firm is under pressure to name all t
SYDNEY : PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they were surprised to find out PwC's advice may have been based on leaked government plans.
"We had no knowledge their advice may have been based on improperly obtained information," an Uber spokesperson said. "Facebook did not seek advice from PwC on how to comply with the MAAL until after Treasury issued the draft legislation, which is why we were surprised to learn of PwC's alleged conduct," the spokesperson said.
First revealed in January, a national scandal that lawmakers are probing and Australia's Treasury has referred to police to investigate is beginning to spill beyond its borders.
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Exclusive-PwC Australia ties Google to tax leak scandal - sourcesSYDNEY : PwC Australia provided Google confidential information about the start date of a new tax law leaked from Australian government tax briefings, according to two sources familiar with the matter.This is the first time a company has been directly linked to the national scandal involving the 'big four
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Canada's Quebecor to pull its ads from Facebook, InstagramTelecom and media firm Quebecor said on Wednesday it will pull its ads from Facebook and Instagram, following Meta Platforms' decision to stop access to news on both the social media platforms in Canada over a law requiring payments to local news publishers.The 'Online News Act', or House of Commons bill
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Canada's Quebecor to pull its ads from Facebook, InstagramTelecom and media firm Quebecor said on Wednesday (Jul 5) it will pull its ads from Facebook and Instagram, following Meta Platforms' decision to stop access to news on both the social media platforms in Canada over a law requiring payments to local news publishers. The 'Online News Act', or House of Commo
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Indranee Rajah calls on PSP to apologise for Facebook post on Ridout Road debatesIndranee Rajah has called for the Progress Singapore Party to apologise for a Facebook post on what had happened during the Ridout Road debate in Parliament.
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Canada to stop ads on Facebook, but sees path to settle disputeOTTAWA: The Canadian government will stop spending some C$10 million (US$7.5 million) per year on Facebook and Instagram ads amid a dispute over a new law on paying online news publishers that the Meta-owned platforms have opposed, Heritage Minister Pablo Rodriguez said on Wednesday (Jul 5). The government
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Canada to stop ads on Facebook, but sees path to settle disputeThe outcome can set the tone for other governments trying to regulate internet companies. Read more at straitstimes.com.
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