On 9 February 2016, the UK HMRC published a factsheet on HMRC and multinational corporations. The factsheet is in response to the criticism received regarding the recent agreement Google reached with HMRC to pay a total of GBP 130 million in back taxes. The factsheet covers recent successes, recent changes, HMRC’s approach to multinational corporations, and transparency.
Regarding the Google deal in particular, the factsheet includes the following.
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The Google enquiry
On 22 January 20…