The former KPMG partners accused of setting up illegal tax shelters have
filed court documents requesting that the case against them be dismissed.
The former partners and two other defendants were accused of cheating tax
authorities out of $2.5bn-worth of tax from wealthy clients.
KPMG also withheld legal fees on behalf of the former partners as part of a
$456m settlement that allowed KPMG itself to avoid indictment.
But district judge
Kaplan ruled last year that in putting pressure on the firm to withhold
fees, the defendants’ rights to a fair trial had been infringed.
In documents filed to request case dismissal, the defendants said government
had not ‘remedied its misconduct’.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars
Investment in people, tech and businesses impacts on EY's profit per partner figure