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This Cartoon Video Explaining the Luxembourg Tax Schemes Is Perfect

Posted on November 6, 2014 by Caleb Newquist

Share it with the kids!

Is it me or does the accountant bear a striking resemblance to Bob Moritz? I'm sure it's just a coincidence. 

[YouTube, Earlier]

Posted in PwCTagged cartoons, Luxembourg, PwC, tax havens, Videos

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  • PwC

San Jose Mayor Simply ‘Excited’ That PwC Chose to Move into a Building That Was Vacant for Eight Years

  • Caleb Newquist
  • November 19, 2010

Considering this hunk of metal and glass has been empty since before the Iraq War started, San Jose Mayor Chuck Reed could probably muster a little more enthusiasm than this:

San Jose Mayor Chuck Reed said Wednesday that he was “excited” that PwC was staying in San Jose.

Something along the lines of “OMG! OMG! OMG! OMG! PwC, we are so grateful that you saved this building from becoming overrun by cobwebs and rats plus, it won’t be the laughingstock of our skyline anymore!”

No, Mayor Reed kept things fairly tepid:

“It’s a big relief for me,” said Reed. “I was worried about a major tenant moving out of downtown.”

Plus, you know, having this eyesore remain empty for a few more years.

  • PwC

PwC Accepts Responsibility for Losing Personal Records of Alaska Public Employees

  • Caleb Newquist
  • February 1, 2010

In Alaska news that doesn’t involve Sarah Palin, it emerged late last week that PwC lost the personal records of 77,000 public employees and retirees who participated in the State’s Public Employees Retirement System and the Teachers Retirement System in 2003 – 2004.

Alaska had engaged P. Dubs as expert witnesses in a lawsuit against its former actuary Mercer and turned the data over to the firm for analysis during the discovery process. PwC discovered that the data vanished in December and PwC notified the state last week (nobody wants to share bad news during the holidays).


PwC has accepted responsibility for the whole mess and has agreed to pay for identity theft protection, credit monitoring, and security freezes (if necessary) for the 77,000 employees affected. The firm will also reimburse any losses suffered by any of the participants.

The firm must have realized that there was little upside to disclaiming responsibility, as this would inevitably lead to a sentence in a Sarah Palin speech that involved PwC opposing God, guns, and regular Americans. Populist rancor would ensue and the firm would be run out of Alaska within a week (give or take).

This is the second SNAFU for PwC in the last month. The firm issued a press release on January 15th announcing that someone was sending bogus PwC checks to random people advising them that they had been selected to be secret shoppers. It’s not clear as to whether this is a sign of the wheels coming off or simply bad luck. We’ll keep you informed of any additional slip-ups.

State Acts Promptly to Safeguard Alaskans Against Potential Identity Theft [State of Alaska Department of Law]

exterior of PwC building with logo
  • PwC

PwC Australia Staffers Looking at Pay Cuts of Up to 40%

  • Jason Bramwell
  • April 6, 2020

Another day, another big accounting firm slashing staff salaries during the COVID-19 pandemic. This time […]

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Career Advice

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Daily Wire is Pissed Off About a PwC Career Program That Excludes White and Asian Candidates

  • Adrienne Gonzalez
  • February 7, 2025

Although this should have been on their radar already because PwC got sued by America First Legal over it two years ago, conservative muckraking site Daily Wire has just now…

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The Only Piece of Advice You Need to Survive Layoffs at Your Firm

  • Adrienne Gonzalez
  • August 7, 2024

Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

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Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
  • June 29, 2024

Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

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