Ex-PwC partner Paul McNab launches private tax practice

afr.com:

A former PwC tax partner named by the firm as one of four senior personnel who appeared in emails associated with its tax leaks scandal has launched his own practice to provide advice to a group of clients who have stuck with him over the past three months.

Former PwC partner Paul McNab. 

Paul McNab debuted McNab Tax Lawyers last month as a stepping stone move amid discussions with several national and international boutique law firms about joining.

Mr McNab was effectively forced to resign as a partner of DLA Piper in June when he was named by PwC in a response to Senate questions on notice. PwC also told the Senate committee that Mr McNab had left the firm for “reasons unrelated to [his] involvement” in the tax leaks matter.

The former partner, who has previously denied any wrongdoing, would not comment on the new venture but did flag that he was weighing legal action against the firm.

“I am still very disappointed with how PwC has handled events. Like a number of past and present PwC partners, I am watching matters that are now before the courts with much interest,” Mr McNab said.

Earlier this month, PwC partner Richard Gregg successfully sued the firm for failing to follow proper process in its attempt to fire him, after it had named him in July as part of a separate group of eight senior partners who it said had either been involved in the tax leak scandal or had not adequately addressed matters.

Mr Gregg, who has threatened to sue PwC for defamation action for naming him, is obliged to go through mediation with the firm as a condition within his partnership deed. It’s not clear when that process will be concluded.

Another partner named as one of the group of four along with Mr McNab, Neil Fuller, is suing the firm