HMRC tax deal with Vodafone ‘may have been illegal’

Source: Guardian

A highly controversial tax deal which cost the public purse billions may have been illegal, according to allegations being examined by a powerful parliamentary committee.

The public accounts committee is considering claims from a whistleblower who says that an agreement to waive a potential tax bill of up to £7bn from Vodafone may have been outside the powers of HM Revenue and Customs (HMRC).

Separately, the whistleblower has also claimed that an agreement that HMRC officials claimed let the US-based bank Goldman Sachs off less than £10m was actually worth about £20m to taxpayers.

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