The Big Four accounting firm denies liability in the case, which sees the Brierley group of companies seeking the potential value of tax losses. Photo / Getty ImagesThe Big Four accounting firm denies liability in the case, which sees the Brierley group of companies seeking the potential value of tax losses. Photo / Getty ImagesThe New Zealand arm of PricewaterhouseCoopers (PwC) is being sued for $1.58 billion by members of the Brierley group of companies, which accuse the accounting firm of providing "wrong" advice. It was in relation to this issue - how these losses could be carried forward - that the plaintiffs say they sought advice from PwC." PwC denies liability in the case, which sees the companies seeking the potential value of the tax losses.

Source: New Zealand Herald July 01, 2021 23:37 UTC