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PwC announces it will cease donations to political parties as part of attempt to rebuild reputation

Consulting firm’s self-imposed ban follows scandal over misuse of confidential government tax information

PwC has announced it will no longer make donations to political parties, but a Labor senator central to investigating the consultancy firm’s misuse of confidential government tax information says the company needs to further boost its own accountability procedures.

In a note to the company’s partners on Monday, PwC’s acting CEO Kristin Stubbins said the firm’s self-imposed ban on making political donations was an “important step” in rebuilding its reputation.

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