PwC Tax Scandal Comes Under Scrutiny of Australia Parliament

PricewaterhouseCoopers Australia is starting the week facing the prospect of a parliamentary grilling, as the firm fights to overcome a scandal that has begun to draw in the entire PwC global network.

The Australian firm has come under intense political pressure after revelations that a top executive shared with other PwC employees the government’s confidential plans to combat tax avoidance by multinational firms—and that they used that information to tailor tax avoidance plans to multinational firms, including Silicon Valley tech giants.

If trust is to be restored, PwC needs to “come clean” and name everyone involved in the leak, Sen. ...