KEY DEVELOPMENTS IN PwC SAGA

April 2020 - Tax Practitioners Board receives intelligence regarding PwC partner Peter-John Collins

January 2021 - TPB launches code of professional conduct investigation into Collins

March 2021 - TPB launches investigation into PwC

November 2022 - TPB terminates the registration of Collins over sharing secret information with other staff

January 19, 2023 - TPB publishes decisions and reasons relating to the Collins matter

January-March 2023 - Australian Financial Review publishes a series of stories exposing actions inside PwC

May 2, 2023 - Internal PwC emails show partners and staff received emails relating to a plan to use information Collins obtained while advising the government on multinational tax avoidance legislation. They advised clients on how to get around the tax laws and charged them millions of dollars

May 3 - Assistant Treasurer Stephen Jones asks Treasury to examine the emails

May 8 - PwC CEO Tom Seymour resigns. PwC Australia chair Tracey Kennair said the firm needed to rebuild trust with government and public

May 24 - Treasury refers Collins allegations to Australian Federal Police

May 25 - AFP confirms it is investigating Collins and says probe could take in other PwC employees. PwC says it will continue to assist any investigations