Excerpt from an article by Stephen Long
The big four accounting firms have been branded as aggressive, unethical, and accused of "perpetrating the greatest tax crimes in history" by a leading corporate tax authority.
At least $US1 trillion in tax revenue is lost worldwide, and $50 billion in Australia, as a result of aggressive tax minimisation schemes established by the four giant firms who audit the books of nearly all the world's major companies, said George Rozvany, a 32-year veteran of the corporate tax industry.
"And I'm a conservative man, I think the figure is actually much higher," he told the ABC.
"It's very clear to me that the big four accounting firms are the masterminds of international tax avoidance.