TaxCorporate TaxJudge could lead NAO’s tax inquiry

Judge could lead NAO's tax inquiry

NAO explores possibilities for investigating HMRC's big business tax deals

A JUDGE could be appointed to lead an NAO inquiry into the controversial tax deals struck between HM Revenue & Customs and Goldman Sachs and Vodafone.

The accounts of the two businesses, as well as others, could be investigated to see whether their negotiations with the taxman saw agreements that let them off a chunk of their tax bill, reported The Independent.

HMRC has recently appointed two commissioners with tax experience, Stephen Banyard and Simon Bowles, to strengthen its senior team.

The NAO said it was exploring possibilities for help in its inquiry.

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