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Tax Practitioners Board Terminates Tom Seymour's Registration With Four-Year Ban Over PwC Tax Leak

The regulator found he enabled a culture that shared confidential Treasury plans, eroding trust in the tax profession.

Overview

  • The Tax Practitioners Board ended Seymour’s tax agent registration effective immediately and barred him from reapplying for four years for failing to prevent misuse of confidential government tax information.
  • The board said PwC’s Tax and Legal Services division developed a deeply embedded practice of circulating confidential “intelligence” despite repeated warnings to keep it private.
  • Investigators concluded Seymour failed to act with integrity and did not maintain adequate arrangements to manage conflicts of interest within the division.
  • The case traces to Peter Collins sharing Treasury plans on multinational tax rules from 2013 to 2017, after which Collins was barred and Seymour resigned from PwC in May 2023.
  • PwC was blocked from federal government work and faced state pauses in Victoria and NSW, with the federal ban reported as expected to lift on November 9 as Greens finance spokeswoman Barbara Pocock criticized restoring access.