Which makes sense given the PWC job advertisement from a few days ago. Hence, PWC is beefing up its tax controversy expertise. Other big 4 firms are also taking note re tax reviews.
From the Tax Insider
Wednesday, March 25, 2009
ATO to target private equity and ASX 100
One of our sources has told us that it appears that the ATO may be trying to increase its revenue by increasing the number of risk reviews on larger taxpayers. There's been news in the past few months that they will target private equity transactions and ASX 100 companies.
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