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LONDON: British lawmakers accused major accountancy firm PricewaterhouseCoopers of promoting “tax avoidance on an industrial scale” on Friday in an investigation called in the wake of the so-called Luxleaks scandal.
The public accounts committee, a cross-party group of MPs, examined how accountants advise firms to help them reduce their tax.
The investigation was called following revelations of secret tax deals in Luxembourg that saved companies like Apple, Ikea and Pepsi billions of dollars in taxes.
The committee said the leaks showed PwC had helped companies avoid tax.
Published in Dawn February 7th , 2015
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