Consulting giant EY fired an Australian partner accused of promoting a tax minimisation scheme and receiving more than $700,000 in unauthorised payments from clients, according to a letter published by a Senate inquiry.
According to the letter, EY was aware of the allegations in June 2021, when the Australian Taxation Office confirmed it had referred the partner for investigation “in relation to the potential promotion of a tax exploitation scheme”. The letter says the partner was not fired by EY until August 2022.
