Australian Federal Police Raid PwC Sydney Office Over Tax Leak Scandal

The investigation focuses on former staff involved in leaking confidential government tax plans to PwC and its clients.

Australian Federal Police have begun a search at PwC Australia's Sydney office as part of an ongoing investigation into a tax leak scandal involving former employees.
The scandal involves the unauthorized sharing of confidential government tax proposals within PwC, which were used to gain clients in the United States.
PwC Australia has been cooperating with the investigation, which began in 2023, and has implemented significant governance reforms since the scandal broke.
The firm faced significant fallout, including the forced sale of its government advisory service and the redundancy of 329 roles as it refocuses on private sector clients.
PwC International has expressed severe dissatisfaction with the Australian branch, threatening expulsion from the network unless control over the firm's response to the scandal is handed over.