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Tuesday, 8 November 2011

Goldman Sachs 'Escapes Paying £10 Million Bill in Sweetheart Deal with the UK Taxman'


Daily Mail

'The country's top tax official signed off a deal which let banking giant Goldman Sachs off a £10 million tax bill without consulting a single lawyer, it emerged yesterday.


Dave Hartnett was accused of being 'cavalier' with taxpayers money after he admitted to MPs that he had not sought legal advice before agreeing to the controversial 'sweetheart' deal.


Mr Hartnett has faced calls to resign after it leaked documents showed that that he had personally agreed to waive up to £10million of interest on a £30 million bill from a failed tax avoidance scheme on bankers' bonuses.'

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