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Press watch: CBI steps into 'tax avoidance row'

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‘Business is “seriously concerned” about the risk of a backlash from the handling of tax avoidance disputes, according to the CBI, as it stepped into a row over the Revenue’s dealings with big companies.

‘The employers’ group emphatically rejected claims that the Revenue cut favourable deals with large businesses, after its approach to settlements came under fire from MPs investigating errors in a case involving Goldman Sachs, the investment bank ...

‘David Gauke, Treasury minister, last week defended HMRC’s “grown-up” relationship with big business, saying HMRC’s commercial understanding was an important attraction to doing business in Britain. The criticism “has been deeply unfair to dedicated public servants,” he told a conference organised by Tax Journal.’

Financial Times, 14 November 2011