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Tory-led Government stood by while HMRC cut a sweetheart deal with Goldman Sachs - Owen

20 December 2011

Owen SmithOwen Smith MP, Labour’s Shadow Exchequer Secretary to the Treasury, said in response to the Public Accounts Committee’s report on tax disputes:

“This Conservative-led Government talks tough on tax evasion but, as this report reveals, stood by while HMRC cut a sweetheart deal with Goldman Sachs and other, unnamed, corporations. George Osborne should be instructing HMRC to come clean on the details of these deals and opening up to proper scrutiny the tax settlements in question. Big business must pay its fair share of taxation and HMRC must operate a level playing field for all tax-payers.”