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The Guardian (UK): KPMG wins corporate booby prize: “KPMG, the accountancy and consultancy firm, has won a prize at Davos for "tax and corporate irresponsibility" from Public Eye on Davos, which has been monitoring the forum for six years. Other winners were Shell, for drilling in Nigeria; Dow Chemical, for Bhopal…” (ShellNews.net) 27 Jan 05

 

Duncan Campbell

Thursday January 27, 2005

 

KPMG, the accountancy and consultancy firm, has won a prize at Davos for "tax and corporate irresponsibility" from Public Eye on Davos, which has been monitoring the forum for six years.

 

Other winners were Shell, for drilling in Nigeria; Dow Chemical, for Bhopal, and Wal-Mart, for "intolerable" working conditions. The awards, which were not collected by the winners, were announced at a meeting in Davos addressed by Mary Robinson, the former UN human rights commissioner.

 

KPMG, which is based in 148 countries, was nominated by the Tax Justice Network. A spokesman for the campaign said: "Many tax practitioners earn huge fee income from developing tax avoidance strategies and promoting them to corporate clients."

 

A spokeswoman for KPMG International said yesterday that the allegations were "misleading and inaccurate". She added: "We have not provided the tax practices at issue for a number of years."

 

http://www.guardian.co.uk/business/story/0,,1399452,00.html


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