British MPs accuse PWC of promotint tax avoidance to clients

Big Four accountancy firm PwC was accused of promoting “tax avoidance on an industrial scale” to numerous multinational firms in a scathing report by MPs today.

Big Four accountancy firm PwC was accused of promoting “tax avoidance on an industrial scale” to numerous multinational firms in a scathing report by UK MPs today.

PwC was heavily criticised in an investigation by the Commons’ Public Accounts Committee (PAC) on how accountants provide “complex strategies and contrived structures” to big companies to help them slash tax bills.