13 June 2012
Tax avoidance campaigners have won High Court permission to challenge an alleged "sweetheart" deal between HM Revenue & Customs (HMRC) and Goldman Sachs.
UK Uncut Legal Action were given leave by Mr Justice Simon, sitting in London, to seek a declaration that an agreement allowing the banking giant to skip a multimillion-pound interest bill on unpaid tax on bonuses was unlawful.
They want £20 million allegedly involved to be returned to the public purse.
The judge ruled UK Uncut had "an arguable case" that should go to a full judicial review hearing.
Solicitor Rosa Curling
"Our clients are delighted that the judge has decided their claim is arguable and that the legality of the HMRC deal with Goldman Sachs should be considered by an open court.
"We look forward to considering the report from the NAO and will consider with our clients whether to appeal the decision taken by the court today that permission should not be granted in relation to the quashing order sought, which could result on Goldman Sachs being required to pay the alleged £20m owed."
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