PwC has agreed to pay the US Department of Justice $42m after it was accused
of overcharging the federal government for travel expenses.
The DoJ said PwC knowingly failed to disclose that it had been receiving
travel-related rebates from credit card companies, airlines, hotels and other
service providers while still claiming expenses from the US government.
PwC said it was pleased to resolve the matter and had changed the policy that
gave rise to the matter in 2001 – before it was aware of a government
investigation. It admitted no wrongdoing.
Vernon Dennis of Howard Kennedy LLP explores recent and future challenges faced by the insolvency sector
Report argues that the government must change the way it makes tax and budget decisions
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs