Wednesday, 1 May 2013

Economy News Headlines - Yahoo! News: HMRC faces court challenge over Goldman "sweetheart deal"

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
HMRC faces court challenge over Goldman "sweetheart deal"
May 1st 2013, 23:13

Traders work on the floor of the New York Stock Exchange near the Goldman Sachs stallBy Estelle Shirbon LONDON (Reuters) - The HMRC faces a court challenge on Thursday over a deal with Goldman Sachs worth an estimated 10 million pounds to the U.S. bank, a case aimed at pressuring the government into tougher action against corporate tax avoidance. The challenge by activist group UK Uncut Legal Action stems from public anger in Britain about how big and powerful firms succeed in paying less tax than many ordinary people struggling to cope with a stagnating economy and government spending cuts. ...


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