The committee's key complaints are that Mapeley is an offshore company that pays no UK taxes yet when the STEPS deal was announced it was described as a UK company.
The handling of the property deal, which saw 600 Revenue buildings sold for £220 million in 2001, has been shrouded in controversy from the moment it emerged that the Inland Revenue's new landlord, Mapeley Steps, was based offshore whilst the agency continued to take a strong stance on aggressive tax planning by other organisations.
Oh and by the way, Guardian Media Group (GMG), the Guardian's parent company, is one half of a joint venture that is incorporated in the Cayman Islands.
also, see here
what a crock of ######!!!
Mr Cameron and Mr Osbourne are millionaires (probably most of the rest of the cabinet too) born with silver (golden?) spoons in their mouths and they have the audacity to cut benefits for the worst off in society and then say "we are all in this together" now that's what I call hypocrisy. I don't care about the Guardian or any other newspaper's tax affairs, the paper I buy on Sundays once belonged to Tiny Rowland for gods sake. If these people are not paying their fair whack then this "we're all in this together" governement should do something about it. The less they pay the more we have to either pay or have our services cut. I'm not holding my breath.
Edited by Trojan, 05 December 2010 - 07:31 PM.