EY Tax Practice Caught in Crosshairs in Battle for Firm’s Future

March 22, 2023, 9:00 AM UTC

As EY leaders rethink dividing the firm’s $11.3 billion global tax practice, time is running short to alter a significant piece of the planned restructuring ahead of partner votes targeted for May.

The firm’s top leaders have yet to reach a consensus on how to parse its roughly 3,500 tax partners, who have become a bargaining chip as negotiations continue over the future of EY’s legacy businesses.

On the table is whether to pad the audit practice with a greater share of tax partners after US leaders objected to a key aspect of the planned split. A majority of the ...

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