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The Guardian

PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told

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Kevin Burrowes received additional salary from the firm’s international arm but did not initially reveal it to parliamentary inquiry into companyFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe chief executive of PwC Australia, Kevin Burrowes, received a $1.2m payment from the consulting company’s international arm which he did not initially reveal to the parliamentary inquiry into the 2015 leaking of confidential government tax reform information.A parliamentary inquiry was told on Friday that Burrowes first told the corporations and financial services committee that he was paid an annual salary of $2.4m. That was later corrected to $2.8m.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…

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Source link : https://www.theguardian.com/business/article/2024/aug/02/pwc-chiefs-12m-bonus-salary-tax-leak-scandal-inquiry

Author : Peter Hannam Economics correspondent

Publish date : 2024-08-02 09:21:24

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Tags : The Guardian

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